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Dec 31, 2019
Medical Properties Trust Q4 2019 Earnings Report
Medical Properties Trust reported Q4 2019 earnings with significant growth and strategic acquisitions.
Key Takeaways
Medical Properties Trust announced strong Q4 2019 results, marked by $861 million in hospital acquisitions and normalized FFO of $0.35 per share. The company completed $4.5 billion in acquisitions for the year, resulting in a 64% growth in assets. MPT also anticipates continued growth, starting 2020 with $1.9 billion in acquisitions.
Completed $861 million in hospital acquisitions during the fourth quarter, expanding geographic footprint in the United States, Spain, and Portugal.
Reported per share net income of $0.26 and Normalized Funds from Operations (NFFO) of $0.35 for the fourth quarter.
Acquired 10 acute care hospitals from LifePoint Health, Inc. for approximately $700 million.
Made a $130 million equity investment in the real estate of two hospitals in Madrid operated by HM Hospitales.
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
Medical Properties Trust reaffirms its annual NFFO run rate guidance of $1.65 to $1.68 per diluted share and net income of $1.24 to $1.27 per diluted share.