earnings
confidence high
sentiment neutral
materiality 0.65
UHT Q2 net income $6.6M ($0.48 EPS) vs $4.7M ($0.34) YoY; FFO $0.92/share
UNIVERSAL HEALTH REALTY INCOME TRUST
2021-Q2 EPS reported
$0.89
revenue$41,575,000
- Q2 net income $6.6M ($0.48 diluted EPS) vs $4.7M ($0.34) YoY; adjusted net income $5.3M ($0.39) excl. $1.3M gain.
- FFO $12.6M ($0.92 per diluted share) vs $11.4M ($0.83) in Q2 2020, driven by higher property income and UHS bonus rent.
- Q2 dividend $0.70/share paid June 30; credit facility upsized to $375M and extended to July 2025.
- Sold Children's Clinic at Springdale for ~$3.2M (gain $1.3M); acquired Fire Mesa Office Building for ~$12.9M.
- Lease updates: Inland Valley Campus lease expires Dec 31; UHS proposes property substitution; Kindred Hospital not renewing; PeaceHealth renewed to 2029.