secwatch.observer — SEC 8-K summary
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Issuer:     MEDICAL PROPERTIES TRUST INC (MPT)
CIK:        0001287865
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001193125-22-270499
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MPT Q3 EPS $0.37, NFFO $0.45; raises net income guidance, tightens NFFO range
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- Q3 net income $222M ($0.37/sh) vs $171M ($0.29) YoY; NFFO $272M ($0.45) vs $263M ($0.44).
- YTD capital recycling generated approx $1.8B cash; binding agreements for >$650M proceeds in 2023 from asset sales and loan repayments.
- Sold 3 CT hospitals to Prospect for ~$457M; expects LifePoint subsidiary to acquire Springstone majority interest, leading to ~$200M loan repayment in H1 2023.
- Updated 2022 guidance: net income $1.99-$2.01 (incl. $537M gains); NFFO $1.80-$1.82 (prior $1.78-$1.82).
- Declared Q4 dividend $0.29/sh; CPI-linked leases expected to yield 4-5% cash rent growth next year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287865/000119312522270499/0001193125-22-270499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287865/000119312522270499/d363298d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-270499

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