Postal Realty Trust Q4 FFO $0.26 Down From $0.28 YoY, Sales $17.00M Beat $16.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Postal Realty Trust (PSTL) reported a Q4 FFO of $0.26 per share, down 7.14% from $0.28 YoY. Sales were $17.00M, beating the $16.32M estimate, a 14.10% increase from $14.90M YoY.
February 26, 2024 | 9:44 pm
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NEUTRAL IMPACT
Postal Realty Trust reported a decrease in FFO per share but exceeded sales estimates in Q4.
While the decrease in FFO per share might concern some investors, the beat on sales estimates and year-over-year sales growth could offset negative sentiment. The mixed results present a neutral outlook in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100