Postal Realty Trust (PSTL) Q3 FFO and Revenues Top Estimates

Core Viewpoint - Postal Realty Trust (PSTL) reported quarterly funds from operations (FFO) of $0.30 per share, exceeding the Zacks Consensus Estimate of $0.26 per share, and up from $0.27 per share a year ago, indicating a 15.38% surprise [1] Financial Performance - The company posted revenues of $19.67 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 6.39%, compared to $16.11 million in the same quarter last year [2] - Over the last four quarters, Postal Realty Trust has exceeded consensus FFO estimates three times [2] Stock Performance and Outlook - Postal Realty Trust shares have declined approximately 1.7% year-to-date, while the S&P 500 has gained 20.1% [3] - The future stock price movement will largely depend on management's commentary during the earnings call [3] Estimate Revisions and Market Position - The current consensus FFO estimate for the upcoming quarter is $0.25 on revenues of $18.73 million, and for the current fiscal year, it is $1.02 on revenues of $72.21 million [7] - The estimate revisions trend for Postal Realty Trust is favorable, resulting in a Zacks Rank 2 (Buy), indicating expected outperformance in the near future [6] Industry Context - The REIT and Equity Trust - Other industry is currently ranked in the top 27% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]