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Jun 30, 2020
UHT Q2 2020 Earnings Report
Reported an increase in net income and FFO compared to the same quarter last year, but was impacted by vacancies at two hospital facilities.
Key Takeaways
Universal Health Realty Income Trust reported a net income of $4.7 million, or $0.34 per diluted share, for the second quarter of 2020, compared to $4.3 million, or $0.31 per diluted share, for the second quarter of 2019. FFO was $11.4 million, or $0.83 per diluted share, compared to $11.0 million, or $0.80 per diluted share in the prior year. Results were impacted by vacancies at two hospital facilities.
Net income increased to $4.7 million, or $0.34 per diluted share.
FFO increased to $11.4 million, or $0.83 per diluted share.
Interest expense decreased by $765,000 due to lower borrowing costs.
Vacancies at two hospital facilities resulted in a combined net operating loss of $183,000.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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