Medical Properties Trust Q1 2024 FFO $0.24 Misses $0.27 Estimate, Sales $271.316M Miss $276.455M Estimate
Portfolio Pulse from Benzinga Newsdesk
Medical Properties Trust (MPW) reported Q1 2024 FFO of $0.24 per share, missing the $0.27 estimate, and sales of $271.316M, below the $276.455M estimate. This represents a 35.14% decrease in earnings and a 22.53% decrease in sales from the same period last year.
May 09, 2024 | 12:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Medical Properties Trust (MPW) missed Q1 2024 FFO and sales estimates, with a significant decrease in earnings and sales compared to last year.
Missing both FFO and sales estimates, especially with such a notable year-over-year decline in performance, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100