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Primary Health Properties PLC R.E.I.T (GB:PHP)
LSE:PHP
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.71Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: 3.50%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with increased rental income, a strategic acquisition, and a strong pipeline in Ireland. Positive valuation performance in the second half of the year and successful asset management projects indicate growth potential. However, challenges such as increased administrative costs and a decline in WAULT were noted. Overall, the positive aspects and growth opportunities outweigh the challenges.Company Guidance
During the PHP FY '24 results call, CEO Mark Davies highlighted the company's strong financial performance, emphasizing key metrics such as a net rental income increase of £4.3 million to £153.6 million and an adjusted earnings figure just under £93 million. The company maintained an occupancy rate close to 100% and a WAULT of nearly 10 years, reflecting stable income streams. The portfolio's valuation showed a positive turnaround in the second half of the year, with a modest yet meaningful valuation growth after several challenging years. The acquisition of the Laya Health and Wellbeing Clinic in Cork, valued at €22 million with a 7.1% earnings yield, was highlighted as a strategic addition, funded from existing resources. PHP's commitment to dividend growth was underscored, with a nearly 30-year track record and a dividend yield close to 8%. The presentation also addressed future growth drivers, including favorable government policies and rental growth prospects, with PHP positioned strongly to benefit from the upcoming 10-year NHS plan emphasizing primary care. Richard Howell, the CFO, outlined financial strategies like debt refinancing initiatives while maintaining a low average cost of debt at 3.4%. The call concluded with a reaffirmation of PHP’s strategic focus on government-backed income streams and ongoing asset management to enhance rental growth and shareholder value.Record-Breaking Rental Income
Net rental income increased by GBP 4.3 million, just under 3%, reaching GBP 153.6 million, driven by rent reviews and asset management activities.
Successful Acquisition in Ireland
PHP announced the acquisition of the Laya Health and Wellbeing Clinic in Cork, Ireland, for EUR 22 million, with an earnings yield of 7.1%.
Positive Valuation Performance
For the first time since 2021, PHP reported positive valuation performance, with valuation growth in the second half of the fiscal year.
Strong Pipeline in Ireland
PHP has a robust pipeline in the Irish primary care market, with significant opportunities emerging due to government tenders.
Rental Growth and Asset Management Success
PHP reported a 7.7% increase in rental income from rent reviews, with strong examples of asset management projects yielding rental increases of 15%-20%.
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Primary Health Properties plc R.E.I.T (GB:PHP) Earnings, Revenues Date & History
GB:PHP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:PHP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | 90.10p | 92.26p | +2.40% |
| Jul 24, 2024 | 88.38p | 86.12p | -2.56% |
| Feb 28, 2024 | 81.42p | 80.64p | -0.96% |
| Jul 26, 2023 | 83.21p | 86.03p | +3.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Primary Health Properties PLC R.E.I.T (GB:PHP) report earnings?
Primary Health Properties PLC R.E.I.T (GB:PHP) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Primary Health Properties PLC R.E.I.T (GB:PHP) earnings time?
Primary Health Properties PLC R.E.I.T (GB:PHP) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Primary Health Properties PLC R.E.I.T stock?
The P/E ratio of Primary Health Properties plc R.E.I.T is N/A.
What is GB:PHP EPS forecast?
Currently, no data Available
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