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UHT — Universal Health Realty Income Trust News Story

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Universal Health Realty Income Trust Q2 net income rises on higher property income

Universal Health Realty Income Trust Q2 net income rises on higher property income


Overview

  • U.S. healthcare REIT's Q2 net income and adjusted net income rose yr/yr

  • Q2 funds from operations increased from prior year

  • Company recorded a one-time gain from Chicago land sale in Q2


Outlook

  • Company expects Miller Medical Plaza construction to complete in Dec 2026 at $34 mln cost

  • Company says additional interest rate increases could unfavorably impact future results

  • Company notes industry risks including reduced Medicaid funding, staffing shortages, and supply disruptions


Result Drivers

  • PROPERTY INCOME - Co said increased income at various properties contributed $422,000 to higher adjusted net income in Q2

  • INTEREST EXPENSE - Decrease in average effective borrowing rate led to $269,000 lower interest expense in Q2


Company press release: ID:nPn4pbmrLa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

$0.43

Q2 Net Income

$5.91 mln

Q2 FFO

Beat

$12.50 mln

$0.86 (1 Analyst)

Q2 Basic EPS

$0.43

Q2 Dividend

$0.75


Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the specialized reits peer group is "buy"

  • Wall Street's median 12-month price target for Universal Health Realty Income Trust is $42.00, about 4.2% below its July 24 closing price of $43.83


Reuters Recommended Reads

  • July 27 - Welltower lifts 2026 FFO outlook on senior housing strength

  • July 27 - Ensign Group Q2 profit beats on higher occupancy rates

  • July 27 - Brixmor Q2 revenue slightly beats estimates, raises 2026 outlook


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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