Postal Realty Trust Q2 2024 FFO $0.26 Beats $0.23 Estimate, Sales $18.050M Beat $17.376M Estimate
Portfolio Pulse from Benzinga Newsdesk
Postal Realty Trust (NYSE:PSTL) reported Q2 2024 earnings per share of $0.26, beating the analyst estimate of $0.23. Sales were $18.050 million, surpassing the $17.376 million estimate. Despite a 3.7% decrease in EPS from last year, sales increased by 16.78%.
August 06, 2024 | 9:11 pm
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Postal Realty Trust (NYSE:PSTL) reported Q2 2024 earnings per share of $0.26, beating the analyst estimate of $0.23. Sales were $18.050 million, surpassing the $17.376 million estimate. Despite a 3.7% decrease in EPS from last year, sales increased by 16.78%.
The earnings and sales figures both exceeded analyst expectations, which is generally positive for the stock. However, the slight decrease in EPS compared to last year may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100