Medical Properties Trust Q2 Profit Rises - Quick Facts

(RTTNews) - Medical Properties Trust, Inc. (MPW) reported that second-quarter net income attributable to stockholders was $114.57 million or $0.19 per share, compared to $109.47 million or $0.21 per share in the prior-year quarter.

Normalized funds from operations or NFFO were $250.55 million or $0.43 per share, compared to $199.56 million or $0.38 per share in the year-ago quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $0.28 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter increased to $381.79 million from $291.84 million in the same quarter last year. Analysts expected revenue of $370.51 million for the quarter.

Looking ahead, Medical Properties Trust said it expects an annual run-rate of $1.14 to $1.18 per share for net income and $1.72 to $1.76 per share for NFFO.