Overview
* Postal Realty Trust ( PSTL ) Q3 revenue grows 24% yr/yr
* Company expands unsecured credit facilities to $440 mln
Outlook
* Postal Realty Trust ( PSTL ) raises 2025 AFFO guidance to $1.30-$1.32 per diluted share
* Postal Realty Trust ( PSTL ) says USPS operations unaffected by government shutdown
Result Drivers
* REVENUE GROWTH - 24% increase in Q3 revenue attributed to programmatic leasing with USPS and operational efficiencies
* PROPERTY ACQUISITIONS - Acquired 47 USPS properties for $42.3 mln at a 7.7% capitalization rate, supporting revenue growth
* ATM PROGRAM - Raised $26 mln from ATM program in Q3 to fund acquisitions
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 $23.69
Rental mln
Income
Q3 Net $4.88
Income mln
Q3 FFO $11 mln
Q3 $9.14
Income mln
from
Operatio
ns
Q3 $4.88
Pretax mln
Profit
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the commercial reits peer group is "buy"
* Wall Street's median 12-month price target for Postal Realty Trust Inc ( PSTL ) is $16.25, about 8.7% above its November 3 closing price of $14.83
* The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 36 three months ago
Press Release:
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)