Universal Health Realty: Q3 Earnings Snapshot

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

The King Of Prussia, Pennsylvania-based real estate investment trust said it had funds from operations of $11.3 million, or 82 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 million, or 29 cents per share.

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

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