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Universal Health Realty: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Wednesday reported a key measure of profitability in its second quarter.

The King Of Prussia, Pennsylvania-based real estate investment trust said it had funds from operations of $12.4 million, or 90 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $5.3 million, or 38 cents per share.

The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $24.7 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHT at https://www.zacks.com/ap/UHT