Loading...
•
Jun 30, 2020
Postal Realty Trust Q2 2020 Earnings Report
Reported second quarter 2020 results with increased rental income and acquisitions.
Key Takeaways
Postal Realty Trust reported a successful second quarter, marked by an 8% increase in rental income quarter-over-quarter, the acquisition of 19 USPS properties for $10.6 million, and the completion of a $52.2 million follow-on offering.
Acquired 19 USPS properties for $10.6 million during the quarter.
Increased rental income 8% quarter-over-quarter.
Completed $52.2 million first follow-on offering.
Raised dividend for the second time in 2020.
Forward Guidance
The company believes they are well-positioned to reach their acquisition target by year-end.
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...