Postal Realty Trust (PSTL) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Postal Realty Trust (PSTL) reported a revenue of $19.67 million for the quarter ended September 2024, reflecting a year-over-year increase of 22.1% and a surprise of +6.39% over the Zacks Consensus Estimate of $18.49 million [1] - The earnings per share (EPS) for the quarter was $0.30, significantly higher than the $0.04 reported in the same quarter last year, and exceeded the consensus EPS estimate of $0.26 by +15.38% [1] Revenue Breakdown - Rental income for Postal Realty Trust was $18.77 million, surpassing the three-analyst average estimate of $18.40 million, with a year-over-year change of +21.6% [3] - Fee and other revenues amounted to $0.90 million, exceeding the three-analyst average estimate of $0.68 million, representing a year-over-year increase of +34% [3] Stock Performance - Over the past month, shares of Postal Realty Trust have returned -0.3%, while the Zacks S&P 500 composite has seen a +0.4% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance against the broader market in the near term [4]