Singapore markets open in 3 hours 35 minutes
  • Straits Times Index

    3,142.63
    +62.94 (+2.04%)
     
  • S&P 500

    4,127.83
    -35.46 (-0.85%)
     
  • Dow

    34,060.66
    -267.13 (-0.78%)
     
  • Nasdaq

    13,303.64
    -75.41 (-0.56%)
     
  • BTC-USD

    43,110.46
    -1,338.73 (-3.01%)
     
  • CMC Crypto 200

    1,211.28
    -41.86 (-3.34%)
     
  • FTSE 100

    7,034.24
    +1.39 (+0.02%)
     
  • Gold

    1,869.80
    +2.20 (+0.12%)
     
  • Crude Oil

    65.29
    -0.98 (-1.48%)
     
  • 10-Yr Bond

    1.6420
    +0.0020 (+0.12%)
     
  • Nikkei

    28,406.84
    +582.01 (+2.09%)
     
  • Hang Seng

    28,593.81
    +399.72 (+1.42%)
     
  • FTSE Bursa Malaysia

    1,591.32
    +7.86 (+0.50%)
     
  • Jakarta Composite Index

    5,834.39
    +0.53 (+0.01%)
     
  • PSE Index

    6,244.74
    -38.84 (-0.62%)
     

Universal Health Realty: 3Q Earnings Snapshot

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
  • Oops!
    Something went wrong.
    Please try again later.

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

The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $11.9 million, or 86 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 $5.2 million, or 38 cents per share.

The real estate investment trust posted revenue of $19.7 million in the period.

The company's shares have fallen 52% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $55.76, a decrease of 53% in the last 12 months.

_____

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