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Dec 31, 2023
UHT Q4 2023 Earnings Report
Reported a decrease in net income due to increased interest expenses and non-recurring items, partially offset by increased income from various properties.
Key Takeaways
Universal Health Realty Income Trust reported a net income of $3.6 million, or $0.26 per diluted share, for the fourth quarter of 2023, compared to $5.6 million, or $0.41 per diluted share, for the same period in 2022. Adjusted net income for Q4 2023 was $3.8 million, or $0.28 per diluted share, compared to $5.6 million, or $0.41 per diluted share in Q4 2022. FFO was $11.4 million, or $0.82 per diluted share, compared to $12.4 million, or $0.90 per diluted share in the prior year quarter.
Net income for Q4 2023 was $3.6 million, or $0.26 per diluted share.
Adjusted net income for Q4 2023 was $3.8 million, or $0.28 per diluted share.
FFO for Q4 2023 was $11.4 million, or $0.82 per diluted share.
A loss on divestiture of $232,000 was recorded in connection with the sale of a vacant specialty facility.
Revenue by Segment
Forward Guidance
Universal Health Realty Income Trust looks forward to 2024 with optimism as they strive to add high quality investments to their existing portfolio of properties while maintaining their fundamental goal of providing a safe and reliable dividend stream to their shareholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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