NYSE$UHT

Universal Health Realty Income Trust · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported an increase in net income and FFO compared to the same period last year.

Universal Health Realty Income Trust reported a net income of $6.6 million, or $0.48 per diluted share, for the second quarter of 2021, compared to $4.7 million, or $0.34 per diluted share, for the second quarter of 2020. FFO was $12.6 million, or $0.92 per diluted share, compared to $11.4 million, or $0.83 per diluted share, for the same period last year.

  • Net income increased to $6.6 million, or $0.48 per diluted share.
  • FFO increased to $12.6 million, or $0.92 per diluted share.
  • Completed the sale of Children’s Clinic at Springdale for approximately $3.2 million, resulting in a gain of $1.3 million.
  • Acquired Fire Mesa Office Building in Las Vegas, Nevada for approximately $12.9 million.

Headline financials

Total Revenue

$20.9M

Previous: $19.3M+8.3%
EPS (adj)

$0.39

Previous: $0.34+14.7%
Dividend Paid Per Share

$0.70

Previous: $0.69+1.4%
Capital Expenditures

-$13M

No prior period
Free Cash Flow

-$6.37M

Previous: $4.7M-235.5%
Net Income

$6.62M

Previous: $4.7M+40.9%
Operating Income

$6.93M

Previous: $6.3M+10.1%
Gross Profit

$20.9M

Previous: $19.3M+8.3%
Cash & Equivalents

$9.73M

Previous: $6.34M+53.5%
Total Assets

$504M

Previous: $487M+3.6%
Stock-Based Comp

$251K

Previous: $220K+14.1%

Revenue & EPS history

UHT · Revenue · Quarterly

$20.9M

Q2 2021+8.3%vs Q2 2020

Revenue by segment

UHT · $20.4M total across 2 segments · Q2 2021

  • Non-related parties
    $13.1M
  • UHS Facilities
    $7.27M

Forward guidance

This press release contains forward-looking statements based on current management expectations. Numerous factors, including those disclosed herein, those related to the anticipated impact of COVID-19 on our financial results, as well as the operations and financial results of each of our tenants, those related to healthcare industry trends and those detailed in our filings with the Securities and Exchange Commission, may cause the results to differ materially from those anticipated in the forward-looking statements.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.0%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+1.0%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+12.7%

Q1 2020

Best reaction

-6.8%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-0.8%
Q4 2025+0.2%-0.7%-9.7%
Q3 2025+2.1%+4.9%+12.7%
Q1 2025-0.5%+1.7%+2.2%
Q4 2024+0.8%+1.9%+3.0%
Q3 2024-2.9%-4.6%-2.2%
Q2 2024+2.5%+1.6%+5.1%
Q1 2024+0.8%+5.8%+10.1%
Q4 2023+0.2%-4.1%-9.7%
Q3 2023+1.1%-0.9%+3.4%
Q2 2023-3.4%-3.7%-5.2%
Q1 2023-5.9%-6.5%-8.3%
Q4 2022-1.5%-5.8%-11.9%
Q3 2022+5.3%+8.8%+15.6%
Q2 2022+2.3%+2.8%-0.1%
Q1 2022-3.1%-11.1%-7.3%
Q4 2021+1.2%+4.2%+3.4%
Q3 2021+0.5%-0.6%+2.2%
Q2 2021-0.7%-1.8%-3.7%
Q1 2021+0.2%-3.0%-0.0%
Q4 2020-6.1%-6.3%+7.8%
Q3 2020-2.3%+2.7%+14.5%
Q2 2020+0.7%+3.2%-0.1%
Q1 2020+12.7%+9.9%+5.9%
Q4 2019-6.6%-8.1%-21.6%
Q3 2019+3.7%+8.4%+0.7%
Q2 2019+1.6%+3.2%+5.6%
Q1 2019+3.8%+3.7%+8.0%
Q4 2018+0.3%+0.2%+1.1%
Q3 2018-6.8%-11.2%-6.2%
Q2 2018+0.8%+4.4%+15.6%
Q1 2018+4.1%+2.0%+3.1%
Q4 2017+3.0%+6.4%+8.6%
Q3 2017-0.8%-2.9%-0.2%
Q2 2017-5.6%-6.7%-10.0%
Q1 2017+0.3%+0.9%+3.0%
Q4 2016-0.1%-1.3%+0.5%
Q3 2016-4.1%-5.8%-0.3%
Q2 2016-1.1%+0.7%+3.5%
Q1 2016-1.5%
Q4 2015+0.6%
Q3 2015-0.1%
Q2 2015+0.7%
Q1 2015-2.3%
Q4 2014-0.7%
Q3 2014+1.4%
Q2 2014-1.1%
Q1 2014-0.2%
Q4 2013+1.6%
Q3 2013+1.9%
Q2 2013-0.5%
Q1 2013-1.9%
Q1 2011-0.2%
Q4 2012+1.7%
Q3 2012-1.7%
Q4 2011-1.0%
Q2 2012-1.0%
Q1 2012+0.6%
Q4 2009-1.2%
Q3 2010+0.0%
Q3 2011+0.0%
Q2 2011+0.3%
Q4 2010+0.3%
Q2 2010+0.3%
Q1 2010+4.0%

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