Postal Realty Trust Inc reports results for the quarter ended March 31 - Earnings Summary

• Postal Realty Trust Inc PSTL.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of four analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -1 cents to 7 cents per share.

• Revenue rose 28.1% to $22.15 million from a year ago; analysts expected $20.75 million.

• Postal Realty Trust Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $2.08 million.

• Postal Realty Trust Inc shares had fallen by 7.6% this quarter and gained 1.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

• Wall Street's median 12-month price target for Postal Realty Trust Inc is $15.00

This summary was machine generated from LSEG data May 1 at 12:21 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)