10 Firms Stayed Strong Amid Market Bloodbath

2. Medical Properties Trust Inc. (NYSE:MPW)

Medical Properties jumped by 16.98 percent on Thursday to end at $5.58 apiece as investors cheered improved earnings performance for the fourth quarter of 2024.

In a statement, MPW said net loss attributable to shareholders narrowed by 37.8 percent to $412.8 million from $663.9 million in the fourth quarter last year, but 2024 net loss remained higher by 333 percent on a full-year basis at $2.41 billion versus $556 million in 2023.

The company also swung to a $231.8 million revenue for the quarter versus the $122 million loss in the same period a year earlier. Revenues for the full year, however, grew 14 percent to $995 million from $871 million in 2023.

“We delivered on exactly what we said we would do in 2024 by using proceeds from transactions to accelerate repayment of debt maturities. Our global real estate portfolio remains attractive to sophisticated investors, as evidenced by our recent five-and-a-half times oversubscribed secured notes transaction,” said MPW Chairman, President, and CEO Edward Aldag Jr.

“We improved the operator diversification of our portfolio and effectively addressed all debt maturities through 2026, positioning [MPW] to pursue a range of shareholder value initiatives in 2025,” he added.