earnings
confidence high
sentiment positive
materiality 0.80
Postal Realty Q4 AFFO $0.35/sh; FY AFFO $1.16/sh; guides FY2025 $1.20-$1.22; $25M buyback
Postal Realty Trust, Inc.
2024-FY EPS reported
$0.21
revenue$76,372,000
- Q4 net income $4.5M ($0.17 diluted), FFO $9.0M ($0.30), AFFO $10.6M ($0.35).
- FY2024 rental income +20% YoY; acquired 197 USPS properties for $91M at 7.6% avg cap rate.
- FY2025 AFFO guidance $1.20-$1.22 per diluted share; first-time guidance as public company.
- Board approved $25M share repurchase program; dividend raised to $0.2425/qtr (1% YoY).
- Post-quarter: 18 properties acquired for $8.4M; 14 under contract for $8.9M; $136M undrawn revolver.