Medical Properties Trust Q4 adjusted earnings Beat Estimates

(RTTNews) - Medical Properties Trust (MPW) released a profit for its fourth quarter that rose from last year.

The company's profit came in at $78.48 million, or $0.21 per share. This compares with $71.94 million, or $0.19 per share, in last year's fourth quarter.

Excluding items, Medical Properties Trust reported adjusted earnings of $88.70 million or $0.24 per share for the period.

Analysts had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 11.9% to $180.58 million from $204.96 million last year.

Medical Properties Trust earnings at a glance:

-Earnings (Q4): $88.70 Mln. vs. $112.49 Mln. last year. -EPS (Q4): $0.24 vs. $0.31 last year. -Analysts Estimate: $0.22 -Revenue (Q4): $180.58 Mln vs. $204.96 Mln last year.