---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-014867"
form_type: "8-K"
ticker: "PSTL"
cik: "0001759774"
company_name: "Postal Realty Trust, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:44:11.702407+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Postal Realty Q1 revenue up 27%, EPS $0.00, AFFO $0.27; acquires 39 USPS properties

## Summary
- Revenue grew 27% YoY; net income $0.3M ($0.00 diluted EPS).
- FFO $5.2M ($0.21/sh), AFFO $6.6M ($0.27/sh); collected 100% of contractual rents.
- Acquired 39 USPS last-mile/flex properties for ~$17.2M; portfolio 99.7% occupied.
- Executed non-binding LOI with USPS to renew 86 leases (~285K sq ft) with 3.5% annual escalations.
- Declared Q dividend $0.2375/sh (unchanged), payable May 31; lower 2023 acquisition activity expected.

## SEC filing metadata
- accession: 0001628280-23-014867
- form_type: 8-K
- ticker: PSTL
- cik: 0001759774
- company_name: Postal Realty Trust, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759774/000162828023014867/0001628280-23-014867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759774/000162828023014867/pstl-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-014867
- JSON: https://secwatch.observer/filing/0001628280-23-014867.json
- Plain text: https://secwatch.observer/filing/0001628280-23-014867.txt

## Key facts
- Earnings Releases
  Postal Realty Trust, Inc. reported the quarter ended March 31, 2023 results: net income $0.3 million, EPS $0.00 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $0.3 million
  - EPS: $0.00 per diluted share
  - Result: reported results
  source text: Highlights for the Quarter Ended March 31, 2023 • Acquired 39 USPS properties for approximately $17.2 million, excluding closing costs • 27% growth in revenues from first quarter 2022 to first quarter 2023 • Net income attributable to common shareholders was $0.3 million, or $0.00 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759774/000162828023014867/0001628280-23-014867-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.