earnings
confidence high
sentiment negative
materiality 0.55
Universal Health Realty Q1 net income $5.4M ($0.39), FFO $0.90; sees $1.9M in vacant facility costs
UNIVERSAL HEALTH REALTY INCOME TRUST
2022-Q1 EPS reported
$0.39
revenue$22,175,000
- Net income $5.4M ($0.39 diluted EPS) vs $5.6M ($0.41) in Q1 2021; FFO $12.4M ($0.90) vs $12.7M ($0.92).
- Dividend of $0.705/share paid on March 31, 2022.
- Acquired Beaumont Heart and Vascular Center ($5.4M) and 140 Thomas Johnson Drive ($8.0M) in Q1 2022.
- Vacant specialty facilities: Chicago lease expired; estimated $1.9M operating expenses for remaining 9 months of 2022.
- Credit facility had $275.1M outstanding, $96.7M available at March 31, 2022.