earnings
confidence high
sentiment negative
materiality 0.75
Medical Properties Trust Q4 net loss $0.69/share; completes $2.5B secured notes offering
MEDICAL PROPERTIES TRUST INC
2024-FY EPS reported
-$4.02
revenue$995,547,000
- Net loss of $0.69 per share includes ~$415M impairments on Prospect Medical and PHP.
- Normalized FFO $0.18 per share, down from $0.36 YoY; full-year NFFO $0.80 vs $1.59.
- Completed $2.5B senior secured notes at 7.885% blended coupon, repays all debt maturities through 2026.
- Prospect Medical filed Chapter 11; MPT entered Term Sheet for settlement to enable hospital sales, subject to court approval.
- Declared $0.08 quarterly dividend; sold two post-acute properties and agreed to sell a general acute facility for ~$45M.