Medical Properties Trust is trading at $2.46, down 10.36%, after Q3 estimates were missed.
- Q3 NFFO was $0.11 per share, below the $0.13 estimate; revenue was $250.14 million versus $254.63 million expected.
- Healthcare Systems of America did not pay September rent amid revenue-collection challenges, reducing quarterly NFFO by $0.02 per share.
- A $2.4 billion refinancing and $680 million in asset-sale proceeds improved balance-sheet flexibility but did not offset weak recurring results. Management maintained its target for 2027 portfolio cash rents to exceed $1 billion.