Loading...
•
Mar 31, 2022
Postal Realty Trust Q1 2022 Earnings Report
Reported strong first quarter revenue growth and completed acquisitions.
Key Takeaways
Postal Realty Trust reported a 35% increase in revenues compared to the first quarter of 2021, driven by internal growth and accretive acquisitions. The company acquired 50 USPS properties for $26.9 million during the quarter. Net income attributable to common shareholders was $0.6 million, or $0.02 per diluted share.
Completed acquisitions of 50 properties for approximately $26.9 million.
Revenues increased by 35% compared to Q1 2021.
Net income attributable to common shareholders was $0.6 million, or $0.02 per diluted share.
Adjusted Funds from Operations (AFFO) was $5.4 million, or $0.24 per diluted share.
Forward Guidance
The Company has another 123 properties totaling approximately $40 million under definitive contracts.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...