secwatch.observer — SEC 8-K summary
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Issuer:     MEDICAL PROPERTIES TRUST INC (MPT)
CIK:        0001287865
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001193125-23-120216
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MPT Q1 net income $0.05 diluted vs $1.05 YoY, NFFO $0.37; cuts 2023 guidance, declares $0.29 dividend
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- Net income $33M ($0.05/diluted) vs $632M ($1.05) in Q1 2022; includes $90M impairment for hospital sales.
- Normalized FFO $222M ($0.37/diluted) vs $282M ($0.47) YoY, driven by no Prospect revenue and asset sales.
- Agreed to sell Healthscope portfolio for AUD$1.2B; Prime to repurchase three hospitals for ~$100M in Q3.
- 2023 guidance revised: net income $0.06-$0.17 per share, NFFO $1.50-$1.61; debt reduction expected ~$1.4B.
- Sued Viceroy Research for defamation; regular Q2 dividend of $0.29 per share declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287865/000119312523120216/0001193125-23-120216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287865/000119312523120216/d444501d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-120216

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