earnings
confidence high
sentiment positive
materiality 0.75
MPT Q1 net income $1.05/sh, NFFO $0.47/sh (+12% YoY); dividend raised 4%
MEDICAL PROPERTIES TRUST INC
2023-Q1 EPS reported
$1.05
revenue$409,800,000
- Net income of $632M ($1.05 diluted EPS) vs $164M ($0.28) a year ago; NFFO $0.47/sh, up 12% YoY.
- Macquarie partnership generated ~$600M gain on sale and ~$1.3B cash proceeds.
- Added ~$370M new investments, including €178M for four general acute hospitals in Finland.
- Quarterly dividend raised ~4% to $0.29/sh, marking 10th consecutive annual increase.
- 2022 guidance: net income $1.10-$1.14/sh, NFFO $1.78-$1.82/sh on existing portfolio.