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UNIVERSAL HEALTH REALTY INCOME TRUST REPORTS 2024 FIRST QUARTER FINANCIAL RESULTS [Yahoo! Finance]

Universal Health Realty Income Trust (UHT) 
US:NYSE Investor Relations: uhrit.com/investor-relations
Company Research Source: Yahoo! Finance
April 24, 2024 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2024, net income was $5.3 million , or per diluted share, as compared to $4.5 million , or per diluted share, during the first quarter of 2023. The increase in our net income of , or per diluted share, during the first quarter of 2024, as compared to the comparable quarter of 2023, consisted of the following: (i) an increase of $1.4 million , or per diluted share, resulting from an aggregate net increase in the income generated at various properties, including a reduction of , or per diluted share, in the building expenses related to vacant facilities, one of which was demolished during 2023 and one of which was divested during the fourth quarter of 2023; (ii) an increase of , or per diluted share, from demolition expenses incurred during the first quarter of 2023 related to our property located in Chicago, Illinois , partially offset by; (ii Show less Read more
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