Medical Properties (MPW) Q2 FFO and Revenues Top Estimates

Medical Properties (MPW) came out with quarterly funds from operations (FFO) of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to FFO of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 15%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.25 per share when it actually produced FFO of $0.24, delivering a surprise of -4%. Over the la ...