earnings
confidence high
sentiment positive
materiality 0.65
Postal Realty Trust Q3 FFO $0.25/sh, AFFO $0.26/sh; acquires 66 USPS properties for $20.8M
Postal Realty Trust, Inc.
2022-Q3 EPS reported
$0.10
revenue$38,430,000
- Revenue grew 31% YoY; net income $0.9M ($0.04 diluted EPS).
- FFO $5.8M ($0.25/sh); AFFO $6.1M ($0.26/sh).
- Acquired 66 USPS properties in Q3 for $20.8M; YTD 273 properties for $109M.
- Portfolio 99.7% occupied; weighted avg interest rate 3.63%, 83.6% fixed debt.
- Quarterly dividend raised 4.4% to $0.2350/sh ($0.94 annualized); 13th consecutive increase.