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Universal Health Realty: Q4 Earnings Snapshot

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 fourth quarter.

The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $11.7 million, or 85 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 $4.3 million, or 31 cents per share.

The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $24.5 million in the period.

For the year, the company reported funds from operations of $47.7 million. Revenue was reported as $99.2 million.

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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

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