---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-021180"
form_type: "8-K"
ticker: "PSTL"
cik: "0001759774"
company_name: "Postal Realty Trust, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:28:08.899037+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Postal Realty Q1 AFFO $0.25/shr, acquires 29 USPS properties for $18.5M

## Summary
- Net income $0.2M; FFO $5.5M ($0.20/shr); AFFO $6.9M ($0.25/shr).
- Revenue grew 14% YoY; 100% of contractual rents collected.
- Acquired 29 USPS properties for $18.5M at 7.8% weighted avg cap rate.
- Quarterly dividend declared $0.24/shr ($0.96 annualized), paid May 31.
- FY 2024 acquisition guidance reaffirmed at $80M at/above 7.5% cap rate.

## SEC filing metadata
- accession: 0001628280-24-021180
- form_type: 8-K
- ticker: PSTL
- cik: 0001759774
- company_name: Postal Realty Trust, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759774/000162828024021180/0001628280-24-021180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759774/000162828024021180/pstl-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-021180
- JSON: https://secwatch.observer/filing/0001628280-24-021180.json
- Plain text: https://secwatch.observer/filing/0001628280-24-021180.txt

## Key facts
- Earnings Releases
  Postal Realty Trust, Inc. reported the quarter ended March 31, 2024 results: revenue 14% growth in revenues from first quarter 2023 to first quarter 2024, net income Net income attributable to common shareholders of $0.2 million, or $(0.01) per diluted share, EPS $(0.01) per diluted share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: 14% growth in revenues from first quarter 2023 to first quarter 2024
  - Net income: Net income attributable to common shareholders of $0.2 million, or $(0.01) per diluted share
  - EPS: $(0.01) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Postal Realty Trust, Inc. (the “Company”) issued a press release on May 7, 2024 announcing its financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759774/000162828024021180/0001628280-24-021180-index.htm

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