Postal Realty Trust, Inc. Reports Third Quarter 2020 Results

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Postal Realty Trust (PSTL) Tops Q3 EPS by 2c, Revenues Beat

November 10, 2020 4:33 PM EST

Postal Realty Trust (NYSE: PSTL) reported Q3 EPS of ($0.01), $0.02 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $6.3 million versus the consensus estimate of $5.02 million.

Highlights for Quarter Ended September 30, 2020 and Subsequent Events

Completed acquisitions of 123 USPS properties for $27.6 millionGrew rental income 13.6% reflecting the accretive contribution from acquired propertiesNet loss attributable to common stockholders was approximately $15.2 thousand, or $(0.01)... More