Medical Properties Stock Slips As Earnings Expected to Decline
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Medical Properties (MPW) stock closed down 0.55% while the broader market was up.
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MPW is predicted to post lower EPS of $0.32 next quarter, a 25.58% decline year-over-year.
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Revenue is forecast to decline 27.68% to $275.16 million.
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Zacks Rank has MPW at #3 (Hold) currently.
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MPW is trading at a Forward P/E of 2.62, a discount to its industry average of 11.02.