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REITNewsHeadlines - 2020-04-27 19:50:13 PDT
Universal Health Realty Income Trust Reports 2020 First Quarter Financial Results - News released on Mon, 27 Apr 2020 16:57:26 -0400

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Kyuie - 2020-04-27 19:50:13 PDT
Here is a snippet from #UHT - Universal Health Realty Income Trust Q1 results which gives indications as to how their next quarter results will be: " Patient volumes at our three acute care hospitals, and likely at our other healthcare properties including the MOBs and ambulatory care centers, were significantly reduced during the second half of March as a result of COVID-19. These significant reductions to patient volumes experienced at our three acute care hospitals, and likely at our other healthcare facilities, have continued into April, 2020. We believe that the adverse impact that COVID-19 will have on the future operations and financial results of our tenants, and in turn ours, will depend upon many factors, most of which are beyond our, or our tenants’, ability to control or predict." If it wasn’t for covid UHT would have had a stellar report.

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