Medical Properties: Q2 Earnings Snapshot

BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Medical Properties Trust Inc. (MPT) on Monday reported a key measure of profitability in its second quarter.

The Birmingham, Alabama-based real estate investment trust said it had funds from operations of $92.2 million, or 15 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 a loss of $2.6 million, or 1 cent per share.

The health care real estate investment trust, based in Birmingham, Alabama, posted revenue of $259.3 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPT at https://www.zacks.com/ap/MPT