MEDICAL PROPERTIES TRUST, INC. (NYSE:MPW) Files An 8-K Results of Operations and Financial Condition

MEDICAL PROPERTIES TRUST, INC. (NYSE:MPW) Files An 8-K Results of Operations and Financial Condition

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Item2.02. Results of Operations and Financial Condition.

On February9, 2017, Medical Properties Trust, Inc. issued a press
release announcing its financial results for the quarter and year
ended December31, 2016. A copy of the press release is attached
as Exhibit99.1 to this Current Report on Form 8-K and is
incorporated herein by reference. The information in this Current
Report on Form 8-K, including the information
set forth in Exhibit99.1 and Exhibit 99.2 attached hereto, shall
not be deemed filed for purposes of Section18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the
liability of that section or Sections11 and 12(a)(2) of the
Securities Act of 1933, as amended. In addition, this information
shall not be deemed incorporated by reference in any filing of
Medical Properties Trust, Inc. with the Securities and Exchange
Commission, except as expressly set forth by specific reference
in any such filing.

The Company
disclosed three non-GAAP financial measures in the attached press
release for the quarter and year ended December31, 2016: Funds
from operations, Normalized funds from operations and Adjusted
funds from operations. The most directly comparable GAAP
financial measure to each of these non-GAAP financial measures is
net income, which was $43.0million, or $0.13 per diluted share
for the quarter ended December31, 2016, compared to $58.2million,
or $0.24 per diluted share for the quarter ended December31,
2015. For the year ended December31, 2016, net income was
$225.0million, or $0.86 per diluted share compared to
$139.6million, or $0.63 per diluted share for the year ended
December31, 2015. In the attached press release, the Company
disclosed Funds from operations of $69.9million and $253.5million
for the quarter and year ended December31, 2016, respectively,
and Normalized funds from operations of $100.7million and
$334.8million for the quarter and year ended December31, 2016,
respectively. Adjusted funds from operations were disclosed in
the press release as $87.4million and $298.5million for the
quarter and year ended December31, 2016, respectively.

A reconciliation
of the non-GAAP
financial measures to net income as well as a statement
disclosing the reasons why the Companys management believes that
presentation of these non-GAAP financial measures provides useful
information to investors regarding the Companys financial
condition and results of operations are included in Exhibits99.1
and 99.2.

Item9.01. Financial
Statements and Exhibits.

(d)
Exhibits.

Exhibit Number

Description

99.1 Press release dated February9, 2017 reporting financial
results for the quarter and year ended December31, 2016
99.2 Medical Properties Trust, Inc. 4th Quarter 2016 Supplemental
Information

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About MEDICAL PROPERTIES TRUST, INC. (NYSE:MPW)

Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. It conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Company’s portfolio consists of 202 properties, which includes 179 facilities that the Company owns and 14 properties controlled in the form of mortgage loans. The properties are leased/mortgaged to 29 tenants located in 28 states, and Germany, United Kingdom, Italy, and Spain. Of the total portfolio, 9 facilities are under development. Its facilities consist of 64 general acute care hospitals, 69 inpatient rehabilitation hospitals, 23 long-term acute care hospitals, 43 free standing emergency rooms, and 3 medical office buildings.

MEDICAL PROPERTIES TRUST, INC. (NYSE:MPW) Recent Trading Information

MEDICAL PROPERTIES TRUST, INC. (NYSE:MPW) closed its last trading session up +0.08 at 13.10 with 4,562,157 shares trading hands.

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