earnings
confidence high
sentiment positive
materiality 0.75
Medical Properties Trust Q2 net income $0.32 per share; NFFO $0.46, up 7% YoY; guidance maintained
MEDICAL PROPERTIES TRUST INC
2022-Q2 EPS reported
$1.37
revenue$810,026,000
- Net income of $190M ($0.32/diluted share) vs $115M ($0.19) a year ago; NFFO $275M ($0.46) vs $251M ($0.43).
- Acquired two Steward hospitals for $80M; three GenesisCare radiotherapy facilities in Spain for €27M; IMED development $121M.
- Sold Dodge City, KS hospital for $63M with $8M gain; acquired Colombia hospital for $26M; new Springstone development $35M.
- Credit facility amended to $2.0B capacity with maturities extended to 2026/2027; guidance FY2022 NFFO $1.78-$1.82 maintained.