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Stock impact report

Postal Realty Trust, Inc. Reports Third Quarter 2024 Results [Yahoo! Finance]

Postal Realty Trust, Inc. Class A (PSTL) 
Last postal realty trust, inc. class a earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
CEDARHURST, N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended September 30, 2024. Highlights for the Quarter Ended September 30, 2024 22% growth in revenues from third quarter 2023 to third quarter 2024 Net income attributable to common shareholders of $1.1 million, or $0.03 per diluted share Funds from Operations ("FFO") of $7.1 million, or $0.24 per diluted share Adjusted Funds from Operations ("AFFO") of $8.8 million, or $0.30 per diluted share Subsequent to quarter end, the Company announced a quarterly dividend of $0.24 per share Acquired 35 USPS properties for approximately $13.3 million, excluding closing costs, at a weighted average capitalization rate Show less Read more
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