NYSE$PSTL
Postal Realty Trust Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Reported first quarter results with increased rental income and dividend.
Postal Realty Trust reported a strong first quarter, marked by a 37% increase in rental income and an 18% increase in the quarterly dividend. The company acquired 83 USPS properties for $30.5 million and collected 100% of rents in March and April, despite the COVID-19 pandemic.
- Acquired 83 USPS properties for $30.5 million during the quarter.
- Rental income increased by 37% quarter-over-quarter.
- Quarterly dividend increased by 18% to $0.20 per share.
- Portfolio is 100% occupied as of May 14, 2020.
Headline financials
Revenue & EPS history
Postal Realty Trust · Revenue · Quarterly
$5.2M
Forward guidance
The company anticipates long-term growth in cash flows and dividends through portfolio scaling. They remain confident in their 2020 targets, although near-term acquisitions may be delayed due to pandemic-related travel limitations. They expect to resume their growth plan as the nation reopens.
Tailwinds
- Anticipates long-term growth in cash flows.
- Expects continued growth in dividends.
- Confident in 2020 targets.
- USPS portfolio performed as anticipated with 100% rent collection.
- Expects to resume growth plan as the nation reopens for business.
Headwinds
- Ability to complete acquisitions in the near-term may be delayed.
- Dislocation and government imposed travel related limitations due to the pandemic may impact acquisitions.
- Uncertainties related to the COVID-19 pandemic.
- Potential delays in closing pending transactions.
- Risk factors related to the USPS's performance and lease renewals.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+2.6%
Avg return
Earnings day
+3.2%
Avg return
5 days after
+1.8%
Avg return
30 days after
68%
19 / 28 earnings
Positive
+22.6%
Q4 2019
Best reaction
-4.9%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.7% | +6.6% | +3.6% | |
| Q4 2025 | +3.6% | +7.7% | -5.9% | |
| Q3 2025 | +3.3% | +5.6% | +2.4% | |
| Q1 2025 | -3.7% | -4.1% | +4.5% | |
| Q4 2024 | +13.0% | +11.8% | +13.1% | |
| Q3 2024 | +1.6% | +1.2% | -2.4% | |
| Q2 2024 | +2.3% | +1.7% | +2.6% | |
| Q1 2024 | -1.5% | -1.5% | -4.6% | |
| Q4 2023 | +0.9% | +2.3% | +1.9% | |
| Q3 2023 | -0.7% | +4.0% | +4.8% | |
| Q2 2023 | +0.0% | -0.4% | -2.9% | |
| Q1 2023 | -0.1% | -2.0% | -4.7% | |
| Q4 2022 | +0.9% | +3.6% | +4.0% | |
| Q3 2022 | +0.8% | +1.1% | -1.3% | |
| Q2 2022 | +2.0% | -2.6% | -11.7% | |
| Q1 2022 | -4.9% | -5.0% | -5.1% | |
| Q4 2021 | -0.8% | -2.1% | -4.8% | |
| Q3 2021 | +0.3% | -3.6% | -10.1% | |
| Q2 2021 | +2.6% | +1.2% | -3.1% | |
| Q1 2021 | +1.6% | +0.0% | +4.3% | |
| Q4 2020 | +4.2% | +8.6% | +19.0% | |
| Q3 2020 | +4.1% | +5.3% | +8.5% | |
| Q2 2020 | -2.5% | -4.5% | -4.3% | |
| Q1 2020 | +12.7% | +20.5% | +11.7% | |
| Q4 2019 | +22.6% | +22.8% | +28.5% | |
| Q3 2019 | -2.2% | -1.3% | -1.7% | |
| Q2 2019 | +2.8% | +4.6% | +2.5% | |
| Q1 2019 | +8.5% | +8.7% | +1.5% | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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