Posted 3/4/2024, 10:50:18 PM
Medical Properties Stock Outperforms Despite Expected Earnings Decline
- Medical Properties (MPW) stock closed higher despite market dip, gaining 0.23% vs S&P 500's 0.12% loss
- MPW shares up 33.54% over last month, outpacing finance sector and S&P 500
- MPW expected to post 32.43% EPS decline in next earnings report, with 18.36% revenue drop
- For full year, analysts forecast MPW earnings down 23.9% and revenue up 42.54%
- MPW holds Zacks Rank #4 (Sell) but valuation is cheaper than industry averages with lower P/E and PEG ratios