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Postal Realty Trust (PSTL)
:PSTL
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.01Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 11, 2019
|% Change Since: -6.79%
|Next Earnings Date:Aug 14, 2019
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with strong same-store NOI growth, successful acquisition and disposition activities, and financial stability. Despite lighter acquisition volume in Q3 and limited disclosure on lease spreads, the company is on track to meet its annual targets and continues to exhibit strong financial health.Company Guidance
During the third-quarter 2024 earnings call for Postal Realty Trust, the company provided guidance on several key financial metrics. They projected same-store cash net operating income (NOI) growth of over 4% for 2023, at least 3.25% for 2024, and at least 3% for 2025. Additionally, they reported that newly executed leases for 2023 and 2024 included 3% annual rent escalations, raising the portion of leases with escalations in their portfolio to 21%. The company also completed $64 million in acquisitions for the year through October 21 and targeted $90 million in acquisitions for 2024 at a weighted average cap rate of 7.5%. Moreover, they sold two properties for a combined $6.3 million, achieving a weighted average exit cap rate of 4.9%. Postal Realty Trust’s balance sheet was strengthened with an additional $50 million commitment to their term loan maturing in 2028, reducing their exposure to floating-rate debt, and maintaining a net debt to annualized adjusted EBITDA ratio of 5.6x.Strong Same-Store NOI Growth
Projected same-store cash NOI growth greater than 4% for 2023, at least 3.25% for 2024, and at least 3% for 2025, demonstrating strong internal growth through rent escalations and operating efficiencies.
Successful Acquisition and Disposition Activity
Completed $64 million in acquisitions for the year with an additional $11 million under contract. Also sold two properties for a combined $6.3 million, achieving a weighted average exit cap rate of 4.9%.
Financial Stability and Growth
Added $50 million to the term loan maturing in 2028, reducing exposure to floating rate debt. The cash dividend increased by 1.1% from Q3 2023, supported by strong internal growth and acquisitions.
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PSTL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PSTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $14.00 | $14.55 | +3.93% |
| Aug 06, 2024 | $14.10 | $14.12 | +0.14% |
| May 07, 2024 | $13.34 | $13.31 | -0.22% |
| Feb 26, 2024 | $13.12 | $13.39 | +2.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Postal Realty Trust (PSTL) report earnings?
Postal Realty Trust (PSTL) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Postal Realty Trust (PSTL) earnings time?
Postal Realty Trust (PSTL) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PSTL EPS forecast?
PSTL EPS forecast for the fiscal quarter 2024 (Q4) is 0.01.
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