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Jun 30, 2022
Medical Properties Trust Q2 2022 Earnings Report
Reported second quarter results with net income of $0.32 per share and normalized FFO of $0.46 per share.
Key Takeaways
Medical Properties Trust, Inc. announced financial and operating results for the second quarter ended June 30, 2022. The company reported a net income of $0.32 per share and normalized funds from operations (NFFO) of $0.46 per share. MPT is maintaining its estimates of per share net income of $1.88 to $1.92 including gains on sales of $0.78 per share and NFFO of $1.78 to $1.82.
Net income of $0.32 and Normalized Funds from Operations (“NFFO”) of $0.46 for the 2022 second quarter on a per diluted share basis.
Completed in April the acquisition from separate third parties of two general acute hospitals in Arizona and Florida leased to Steward Health Care System (“Steward”) for an aggregate $80 million.
Acquired in late April three radiotherapy facilities leased to GenesisCare in Spain for €27 million.
Amended the credit facility in the second quarter, increasing the capacity to $2.0 billion and extending the maturity dates of the revolver and term loan to June 2026 and June 2027, respectively.
Medical Properties Trust
Medical Properties Trust
Medical Properties Trust Revenue by Segment
Revenue by Segment
Rent Billed Revenue
CapyFin.comStraight-line Rent Revenue
CapyFin.comIncome from Financing Leases Revenue
CapyFin.comInterest and Other Income Revenue
CapyFin.com Forward Guidance
The Company is maintaining its estimates of per share net income of $1.88 to $1.92 including gains on sales of $0.78 per share and NFFO of $1.78 to $1.82.
Revenue & Expenses
Visualization of income flow from segment revenue to net income