Medical Properties Stock Drops Despite Market Gains Ahead of Earnings
- MPW stock price fell 1.39% despite market gains as investors await upcoming earnings report
- Expected to report lower EPS of $0.25, down 32% year-over-year
- Revenue estimate of $287 million, down 18% from last year
- Trades at forward P/E ratio of 3.63, at a discount to industry average of 11.29
- MPW holds a Zacks Rank #3 (Hold) based on downward revisions to earnings estimates in the past month