Postal Realty Trust (NASDAQ:PSTL) issued its quarterly earnings results on Wednesday. The company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.14), Fidelity Earnings reports. The company had revenue of $2.41 million during the quarter, compared to the consensus estimate of $1.75 million.
NASDAQ:PSTL traded up $0.10 during trading hours on Friday, reaching $15.00. The stock had a trading volume of 4,676 shares, compared to its average volume of 40,966. The stock has a 50 day moving average of $15.18. Postal Realty Trust has a 12-month low of $13.93 and a 12-month high of $17.37.
The company also recently announced an annual dividend, which was paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 9th were given a $0.063 dividend. This represents a yield of 0.41%. The ex-dividend date was Monday, July 8th.
About Postal Realty Trust
Postal Realty Trust, Inc is an internally managed real estate investment trust that will own and manage properties leased to the United States Postal Service, or USPS. Upon completion of the offering and related formation transactions, the Company will own and manage an initial portfolio of 271 postal properties located in 41 states comprising 871,843 net leasable interior square feet, all of which are leased to the USPS, and through its taxable REIT subsidiary will provide fee-based third party property management services for an additional 404 postal properties leased to the USPS and owned by family members of Andrew Spodek, the Company's chief executive officer, and their partners.
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