Postal Realty Trust reports Q4 AFFO 35c, consensus 27c

Reports Q4 revenue $21.37M, consensus $18.11M. “2024 was a strong operational year for the Company defined by successful re-leasing including 3% annual rent escalations and the introduction of 10-year lease terms fueling our internal growth,” said Andrew Spodek, Chief Executive Officer. “I am pleased that this contributed to 2024 AFFO of $1.16 per share, an 8.4% increase from 2023. Our success during 2024 has provided us with the visibility to provide AFFO guidance for the first time as a public company of $1.20 to $1.22 per diluted share for 2025. Postal Realty is well positioned for continued internal and external growth, and we remain confident in the strength of our partnership with the Postal Service.”