NYSE$UHT

Universal Health Realty Income Trust · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported a decrease in net income and FFO compared to the same period last year.

Universal Health Realty Income Trust reported a net income of $5.2 million, or $0.38 per diluted share, for the second quarter of 2022, compared to $6.6 million, or $0.48 per diluted share, for the second quarter of 2021. FFO was $12.2 million, or $0.88 per diluted share, compared to $12.6 million, or $0.92 per diluted share, in the prior year.

  • Net income decreased to $5.2 million, or $0.38 per diluted share.
  • FFO decreased to $12.2 million, or $0.88 per diluted share.
  • Second quarter dividend of $0.71 per share was declared and paid.
  • Borrowings outstanding were $284.3 million with $87.5 million of available borrowing capacity.

Headline financials

Total Revenue

$22.2M

Previous: $20.9M+6.2%
EPS (adj)

$0.38

Previous: $0.39-2.6%
Capital Expenditures

-$13.6M

Previous: -$13M-4.9%
Free Cash Flow

-$8.4M

Previous: -$6.37M-31.9%
Net Income

$5.22M

Previous: $6.62M-21.2%
Operating Income

$7.24M

Previous: $6.93M+4.4%
Gross Profit

$22.2M

Previous: $20.9M+6.2%
Cash & Equivalents

$8.4M

Previous: $9.73M-13.7%
Total Assets

$604M

Previous: $504M+19.8%
Stock-Based Comp

$208K

Previous: $251K-17.1%

Revenue & EPS history

UHT · Revenue · Quarterly

$22.2M

Q2 2022+6.2%vs Q2 2021

Revenue by segment

UHT · $475K total across 2 segments · Q2 2022

  • Other Revenue - Non-related parties
    $242K
  • Other Revenue - UHS Facilities
    $233K

Forward guidance

Future operating expenses related to vacant facilities will be incurred during the time they remain owned and vacant. Aggregate operating expenses for three vacant specialty facilities are estimated to approximate $1.3 million during the remaining six months of 2022.

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 2022

Historical avgQ2 2022

-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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