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Postal Realty Trust, Inc. Reports Fourth Quarter and Year End 2020 Results

Go back to Postal Realty Trust, Inc. Reports Fourth Quarter and Year End 2020 Results

Postal Realty Trust (PSTL) Tops Q4 EPS by 7c, Revenues Beat

March 23, 2021 4:13 PM EDT

Postal Realty Trust (NYSE: PSTL) reported Q4 EPS of $0.04, $0.07 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $7.58 million versus the consensus estimate of $6.05 million.

Highlights for Quarter Ended December 31, 2020

Completed acquisitions of 36 postal properties for $62.6 million, excluding closing costsGrew rental income 93.5% period-over-period reflecting accretive property acquisitionsNet income attributable to common... More