NYSE$PSTL

Postal Realty Trust Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported second quarter results, featuring revenue growth and strategic acquisitions.

Postal Realty Trust reported a successful second quarter, marked by a 35% increase in revenues compared to the same period last year and the acquisition of 150 USPS properties for $55.1 million. The company's portfolio remains highly occupied at 99.7%, and strategic capital deployment is ahead of historical cadence.

  • Acquired 150 USPS properties for approximately $55.1 million.
  • Revenues increased by 35% compared to the second quarter of 2021.
  • Net income attributable to common shareholders was $1.0 million, or $0.04 per diluted share.
  • Adjusted Funds from Operations (AFFO) was $5.5 million, or $0.24 per diluted share.

Headline financials

Total Revenue

$12.7M

Previous: $9.53M+33.5%
EPS (adj)

$0.24

Previous: $0.26-7.7%
Capital Expenditures

-$1.78M

Previous: -$783K-127.5%
Free Cash Flow

-$828K

Previous: -$112K-639.3%
Net Income

$953K

Previous: $671K+42.0%
Operating Income

$2.26M

Previous: $1.62M+40.0%
Gross Profit

$12.7M

Previous: $9.53M+33.5%
Cash & Equivalents

$4.57M

Previous: $4.94M-7.4%
Total Assets

$462M

Previous: $314M+47.1%
Stock-Based Comp

$985K

Previous: $787K+25.2%

Revenue & EPS history

Postal Realty Trust · Revenue · Quarterly

$12.7M

Q2 2022+33.5%vs Q2 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Postal Realty Trust is well-positioned to drive growth throughout all market cycles with a favorable lease structure, conservative balance sheet and sufficient liquidity to pursue and transact on our proprietary pipeline of opportunities.

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 2022

Historical avgQ2 2022

+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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