NYSE$PSTL

Postal Realty Trust Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported strong results driven by consistent in-place rent and growth realized through the acquisition platform.

Postal Realty Trust reported strong second quarter results, marked by strategic acquisitions and a strengthened capital structure. The company acquired 71 USPS properties for $30 million and expanded its geographic reach to 50 states. They also entered into new unsecured credit facilities to bolster future growth and enhance financial flexibility.

  • Acquired 71 USPS properties for $30 million during the quarter.
  • Increased the dividend for the eighth consecutive quarter.
  • Entered into new upsized unsecured credit facilities.
  • Portfolio is 100% occupied across 49 states.

Headline financials

Total Revenue

$9.53M

Previous: $5.6M+70.0%
EPS (adj)

$0.26

Previous: $0.26+0.0%
Capital Expenditures

-$783K

Previous: -$341K-129.3%
Free Cash Flow

-$112K

Previous: -$492K+77.2%
Net Income

$671K

Previous: -$151K+545.7%
Operating Income

$1.62M

Previous: $435K+271.3%
Gross Profit

$9.53M

Previous: $5.6M+70.0%
Cash & Equivalents

$4.94M

Previous: $4.9M+0.8%
Total Assets

$314M

Previous: $171M+84.3%
Stock-Based Comp

$787K

Previous: $534K+47.3%

Revenue & EPS history

Postal Realty Trust · Revenue · Quarterly

$9.53M

Q2 2021+70%vs Q2 2020
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Forward guidance

Postal Realty Trust is in a favorable position to accretively add additional industrial, flex and last mile USPS properties to grow its portfolio and cash flow.

Tailwinds

  • Opportunity to add industrial, flex and last mile USPS properties.
  • Potential to grow the portfolio.
  • Opportunity to grow cash flow.
  • Expansion into Hawaii.
  • Strengthened capital structure.

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 Q2 2021

Historical avgQ2 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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