NYSE$UHT

Universal Health Realty Income Trust · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported financial results for the third quarter of 2021.

Universal Health Realty Income Trust reported net income of $5.3 million, or $0.39 per diluted share, for the three-month period ended September 30, 2021. Funds from operations (FFO) were $12.6 million, or $0.92 per diluted share.

  • Net income increased by $151,000 compared to Q3 2020.
  • FFO increased by $735,000 compared to Q3 2020.
  • Third quarter dividend of $0.70 per share was declared and paid.
  • Amended and restated credit agreement increased borrowing capacity to $375 million.

Headline financials

Total Revenue

$21.2M

Previous: $19.7M+7.7%
EPS (adj)

$0.39

Previous: $0.34+14.7%
Dividend Paid Per Share

$0.70

Previous: $0.69+1.4%
Funds From Operations

$12.6M

No prior period
Capital Expenditures

-$13M

Previous: -$200K-6394.5%
Free Cash Flow

-$7.65M

Previous: $4.99M-253.1%
Net Income

$5.34M

Previous: $5.19M+2.9%
Operating Income

$7.29M

Previous: $6.64M+9.8%
Gross Profit

$21.2M

Previous: $19.7M+7.7%
Cash & Equivalents

$9.35M

Previous: $6.32M+47.9%
Total Assets

$518M

Previous: $491M+5.5%
Stock-Based Comp

$226K

Previous: $248K-8.9%

Revenue & EPS history

UHT · Revenue · Quarterly

$21.2M

Q3 2021+7.7%vs Q3 2020

Revenue by segment

UHT · $516K total across 2 segments · Q3 2021

  • Other Revenue - Non-related parties
    $280K+17.6%
  • Other Revenue - UHS Facilities
    $236K+1.7%

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 Q3 2021

Historical avgQ3 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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