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Postal Realty Trust (PSTL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-07 00:31
Postal Realty Trust (PSTL) reported $18.05 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.8%. EPS of $0.26 for the same period compares to $0.03 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $17.78 million, representing a surprise of +1.55%. The company delivered an EPS surprise of +4.00%, with the consensus EPS estimate being $0.25. While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...
Postal Realty Trust (PSTL) Q2 FFO and Revenues Surpass Estimates
ZACKS· 2024-08-06 23:50
Postal Realty Trust (PSTL) came out with quarterly funds from operations (FFO) of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 4%. A quarter ago, it was expected that this company would post FFO of $0.26 per share when it actually produced FFO of $0.25, delivering a surprise of -3.85%. Over the last four quarters, the company ...
Postal Realty Trust(PSTL) - 2024 Q2 - Quarterly Report
2024-08-06 20:23
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-38903 POSTAL REALTY TRUST, INC. (Exact name of registrant as specified in its charter) | --- | |----- ...
Postal Realty Trust(PSTL) - 2024 Q2 - Quarterly Results
2024-08-06 20:11
EXHIBIT 99.1 POSTAL REALTY TRUST, INC. REPORTS SECOND QUARTER 2024 RESULTS - Acquired 70 USPS Properties for $28.3 Million - - Acquired at a Weighted Average Capitalization Rate of 7.6% - - Collected 100% of Contractual Rents - Cedarhurst, New York, August 6, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the "USPS"), ranging fr ...
Postal Realty Trust, Inc. Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-06 20:05
- Acquired 70 USPS Properties for $28.3 Million - - Acquired at a Weighted Average Capitalization Rate of 7.6% - - Collected 100% of Contractual Rents - CEDARHURST, N.Y., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, today announced results for ...
Postal Realty Trust, Inc. to Report Second Quarter 2024 Financial Results on August 6, 2024
GlobeNewswire News Room· 2024-07-24 11:30
CEDARHURST, N.Y., July 24, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended June 30, 2024, on Tuesday, August 6, 2024, after market close. Webcast and Call Information: The Comp ...
Postal Realty Trust, Inc. to Report Second Quarter 2024 Financial Results on August 6, 2024
Newsfilter· 2024-07-24 11:30
Webcast and Call Information: The Company will host a webcast and conference call to discuss the second quarter 2024 financial results on Tuesday, August 6, 2024, at 4:30 P.M. Eastern Time. A live audio webcast of the conference call will be available on the Company's investor website at https://investor.postalrealtytrust.com/Investors/events-andpresentations/default.aspx. To participate in the conference call, callers from the United States and Canada should dial-in ten minutes prior to the scheduled call ...
Postal Realty Trust: A Steady Dividend Payer, Yielding Over 7%
Seeking Alpha· 2024-07-09 12:00
I last covered PSTL in the middle of 2023. At the time, I highlighted the REIT's stable cash flows and its strong dividend growth rate. In my update, I noted that shares were still attractive despite an end to PSTL's streak of continuously increasing their quarterly payout. Ultimately, I saw about 15% upside in the share price. Subsequent coverage on the stock has been light. While analysts on Wall Street still view the stock as a "buy", the broader Seeking Alpha ("SA") analyst community and the Quants, ali ...
Postal Realty to Present at Nareit's REITweek 2024
Newsfilter· 2024-05-16 16:24
Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the USPS. More information is available at postalrealtytrust.com. Contact: Investor Relations and Media Relations Email: Investorrelations@postalrealtytrust.com Phone: (516) 232-8900 Website: postalrealtytrust.com About Postal Realty Trust, Inc. CEDARHURST, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally ma ...
Postal Realty to Present at Nareit's REITweek 2024
globenewswire.com· 2024-05-16 16:24
CEDARHURST, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that Andrew Spodek, Chief Executive Officer, Jeremy Garber, President, and Robert Klein, Chief Financial Officer, will present at Nareit's REITweek: 2024 Investor Co ...