Medical Properties Trust reports Q1 NFFO 24c, consensus 35c

Reports Q1 revenue $271.32M, consensus $283.29M. Edward Aldag, Chairman, President and Chief Executive Officer, said, “We continue to execute a capital allocation strategy that we now expect will exceed our initial target of $2.0 billion in liquidity transactions in 2024. This strategy has repeatedly validated MPT’s approach to underwriting, demonstrated strong market demand for real hospital assets and provided immediate capital to reduce our debt.”