earnings
confidence high
sentiment negative
materiality 0.75
UHT Q3 net income $4.8M ($0.35 EPS), down from $5.3M ($0.39) YoY; FFO $0.86 vs $0.92
UNIVERSAL HEALTH REALTY INCOME TRUST
2022-Q3 EPS reported
$1.12
revenue$66,497,000
- Net income $4.8M ($0.35 diluted EPS), down $0.5M YoY; FFO $11.8M ($0.86 diluted), down from $12.6M ($0.92).
- Chicago specialty hospital lease expired Dec 2021 reduced Q3 income by $630K; higher interest expense cut $569K.
- Q3 dividend of $0.71 per share paid Sept 30, 2022; unchanged rate.
- New Reno MOB (Sierra Medical Plaza I) estimated $34.6M cost, completion expected Q1 2023.
- Three vacant specialty facilities expected to incur ~$900K in operating expenses for remainder of 2022.