NYSE$PSTL
Postal Realty Trust Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported second quarter results with revenue growth and strategic capital market activities.
Postal Realty Trust announced its second quarter 2023 results, featuring a 21% increase in revenues compared to the second quarter of 2022 and the acquisition of 39 USPS properties for $15.8 million. The company reported a net income of $1.0 million, or $0.03 per diluted share, and an AFFO of $6.8 million, or $0.27 per diluted share. Additionally, the company has set 100% of its debt to fixed rates and has no outstanding revolver balance.
- Acquired 39 USPS properties for $15.8 million during the second quarter.
- Experienced a 21% increase in revenues compared to the second quarter of 2022.
- Net income attributable to common shareholders was $1.0 million, or $0.03 per diluted share.
- Adjusted Funds from Operations (AFFO) was $6.8 million, or $0.27 per diluted share.
Headline financials
Revenue & EPS history
Postal Realty Trust · Revenue · Quarterly
$15.5M
Forward guidance
The company is well-positioned to continue adding accretive real estate to its portfolio that is important to the United States Postal Service and to support Postal Realty's future growth throughout all economic cycles.
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 2023
+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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro