NYSE$UHT

Universal Health Realty Income Trust · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported net income and FFO increased due to gains from real estate divestitures and increased income from properties.

Universal Health Realty Income Trust reported a significant increase in net income for the fourth quarter of 2021, driven by gains from divestitures of real estate assets. Adjusted net income and FFO also increased compared to the same period in 2020, reflecting improved operating performance.

  • Net income increased to $91.6 million, or $6.65 per diluted share, compared to $5.0 million, or $0.36 per diluted share, in Q4 2020.
  • Adjusted net income was $5.6 million, or $0.41 per diluted share, compared to $5.0 million, or $0.36 per diluted share, in Q4 2020.
  • FFO was $12.9 million, or $0.93 per diluted share, compared to $11.8 million, or $0.85 per diluted share, in Q4 2020.
  • The company divested the Auburn Medical Office Building II and the Inland Valley Campus of Southwest Healthcare System, generating gains of $17.6 million and $68.4 million, respectively.

Headline financials

Total Revenue

$21.4M

Previous: $19.8M+8.0%
EPS (adj)

$0.41

Previous: $0.36+13.9%
Dividend Paid Per Share

$0.70

No prior period
Funds From Operations

$12.9M

No prior period
Free Cash Flow

$11.5M

Previous: $9.17M+25.8%
Net Income

$91.6M

Previous: $5M+1732.3%
Operating Income

$7.39M

Previous: $6.64M+11.4%
Gross Profit

$20.3M

Previous: $18.8M+8.0%
Cash & Equivalents

$22.5M

Previous: $5.74M+291.9%
Total Assets

$598M

Previous: $494M+21.1%
Stock-Based Comp

$228K

Previous: $247K-7.7%

Revenue & EPS history

UHT · Revenue · Quarterly

$21.4M

Q4 2021+8%vs Q4 2020

Revenue by segment

UHT · $20.9M total across 2 segments · Q4 2021

  • Non-related parties
    $13M
  • UHS Facilities
    $7.93M

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 Q4 2021

Historical avgQ4 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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