Universal Health Realty Income Trust reported a net income of $5.2 million, or $0.38 per diluted share, for the second quarter of 2022, compared to $6.6 million, or $0.48 per diluted share, for the second quarter of 2021. FFO was $12.2 million, or $0.88 per diluted share, compared to $12.6 million, or $0.92 per diluted share, in the prior year.
Net income decreased to $5.2 million, or $0.38 per diluted share.
FFO decreased to $12.2 million, or $0.88 per diluted share.
Second quarter dividend of $0.71 per share was declared and paid.
Borrowings outstanding were $284.3 million with $87.5 million of available borrowing capacity.
Future operating expenses related to vacant facilities will be incurred during the time they remain owned and vacant. Aggregate operating expenses for three vacant specialty facilities are estimated to approximate $1.3 million during the remaining six months of 2022.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance