Medical Properties Trust Inc.'s normalized funds from operations for the second quarter came in at 31 cents per share, compared to the S&P Market Intelligence consensus FFO estimate of 30 cents per share.
FFO per share declined 16.1% year over year from 36 cents.
Normalized FFO totaled $120.9 million, a decrease of 7% from $129.9 million in the prior-year period.
Adjusted funds from operations decreased 11% from the prior-year period to $99.9 million, or 25 cents per share, from $112.2 million, or 31 cents per share.
The healthcare real estate investment trust expects normalized FFO per share in the range of $1.56 to $1.58 for the 2019 full year. It had previously suspended its FFO guidance in May pending clarity on the timing of the completion of its expected acquisitions.
The S&P Global Market Intelligence consensus FFO estimate for the full year is $1.31 per share.