The company reported revenues of $306.6 million, missing the consensus of $341.8 million.
Normalized Funds from Operations (NFFO) per share stood at $0.38, an increase from $0.45 a year ago.
MPW reported a net income of $117 million vs. $222 million a year ago.
As of Q3-end, total assets stood at $19.0 billion, including $12.3 billion of general acute facilities, $2.5 billion of behavioral health facilities and $1.7 billion of post-acute facilities.
Medical Properties Trust noted rent coverage is strong and consistent for Circle Health's 36 facilities leased from it across the U..K.
As of September 30, 2023, cash and equivalents stood at $340.06 million.
Also, the company now expects EPS of $0.36-$0.38.
Price Action: MPW shares are up 14.57% at $5.11 on the last check Thursday.
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