Medical Properties Trust Q3 Earnings Advance 56%

(RTTNews) - Medical Properties Trust (MPW) released a profit for its third quarter that gained ground from last year.

The company said its bottom line totaled $66.40 million, or $0.30 per share. This was up from $42.63 million, or $0.25 per share, in last year's third quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 41.8% to $114.57 million. This was up from $80.78 million last year.

Medical Properties Trust earnings at a glance:

-Earnings (Q3): $66.40 Mln. vs. $42.63 Mln. last year. -Earnings Growth (Y-o-Y): 55.8% -EPS (Q3): $0.30 vs. $0.25 last year. -EPS Growth (Y-o-Y): 20.0% -Analysts Estimate: $0.31 -Revenue (Q3): $114.57 Mln vs. $80.78 Mln last year. -Revenue Change (Y-o-Y): 41.8%

-Guidance: Full year EPS guidance: $1.30 - $1.33