BIRMINGHAM, Ala. (AP) 鈥� BIRMINGHAM, Ala. (AP) 鈥� Medical Properties Trust Inc. (MPT) on Thursday reported a key measure of profitability in its first quarter.
The real estate investment trust, based in Birmingham, Alabama, said it had funds from operations of $82.2 million, or 14 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $32.8 million, or 5 cents per share.
The health care real estate investment trust, based in Birmingham, Alabama, posted revenue of $252.1 million in the period.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/MPT
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
