Postal Realty Trust (PSTL) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended September 2023, Postal Realty Trust (PSTL) reported revenue of $16.11 million, up 16.9% over the same period last year. EPS came in at $0.27, compared to $0.04 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $15.86 million, representing a surprise of +1.55%. The company delivered an EPS surprise of +8.00%, with the consensus EPS estimate being $0.25.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Postal Realty Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Rental income: $15.44 million versus $15.33 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17.1% change.
Revenues- Fee and other: $0.67 million versus $0.52 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.5% change.
Net Income (loss) per share- Diluted: $0.04 versus $0.02 estimated by five analysts on average.
View all Key Company Metrics for Postal Realty Trust here>>>
Shares of Postal Realty Trust have returned -1.2% over the past month versus the Zacks S&P 500 composite's -3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Postal Realty Trust, Inc. (PSTL) : Free Stock Analysis Report
