Postal Realty Trust reports Q3 AFFO 33c, consensus 31c

Reports Q3 revenue $24.33M, consensus $24.13M. “We are pleased with our strong third quarter results; we are increasing our AFFO per share guidance for the year by $0.06, driven by strength in our programmatic leasing with the U.S. Postal Service and operating efficiencies,” said Andrew Spodek, Chief Executive Officer. “Additionally, our acquisition volume of $101 million closed year to date through October 17th supports future growth.” Mr. Spodek continued, “we believe our focus on internal growth, disciplined acquisitions, and a resilient balance sheet positions us well to continue creating value for shareholders.”