* Postal Realty Trust Inc reported quarterly adjusted earnings of 3 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of four analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 1 cents to 4 cents per share.
* Revenue rose 22.1% to $19.67 million from a year ago; analysts expected $18.41 million.
* Postal Realty Trust Inc's reported EPS for the quarter was 3 cents.
* The company reported quarterly net income of $1.07 million.
* Postal Realty Trust Inc shares had fallen by 4.4% this quarter and lost 3.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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 $16.00 This summary was machine generated from LSEG data November 5 at 07:53 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.23 0.24 Beat
Jun. 30 2024 0.23 0.23 Met
Mar. 31 2024 0.21 0.20 Missed
Dec. 31 2023 0.23 0.24 Beat
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