Medical Properties Trust Earnings Rise 47% In Q1

(RTTNews) - Medical Properties Trust (MPW) announced a profit for its first quarter that climbed compared to the same period last year.

The company said its bottom line rose to $83.45 million, or $0.35 per share. This was higher than $56.86 million, or $0.28 per share, in last year's first quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 40.7% to $135.00 million. This was up from $95.96 million last year.

Medical Properties Trust earnings at a glance:

-Earnings (Q1): $83.45 Mln. vs. $56.86 Mln. last year. -Earnings Growth (Y-o-Y): 46.8% -EPS (Q1): $0.35 vs. $0.28 last year. -EPS Growth (Y-o-Y): 25.0% -Analysts Estimate: $0.35 -Revenue (Q1): $135.00 Mln vs. $95.96 Mln last year. -Revenue Change (Y-o-Y): 40.7%

-Guidance: Full year EPS guidance: $1.29 - $1.33