Quarterly ResultMay 5, 2026, 04:40 PM
Postal Realty Trust Raises 2026 Guidance; Initiates Strong 2027 Outlook
AI Summary
Postal Realty Trust, Inc. announced its first quarter 2026 results, reporting net income of $0.11 per diluted share and AFFO of $0.33 per diluted share. The company increased its 2026 AFFO guidance by $0.01 to $1.40-$1.42 per diluted share and raised its 2026 acquisition guidance by $15 million to $130-$140 million. Additionally, Postal Realty Trust initiated a strong 2027 same-store cash revenue growth outlook of approximately 6.5%, reflecting consistent performance and a robust acquisition pipeline.
Key Highlights
- Net income attributable to common shareholders was $3.8 million, or $0.11 per diluted share.
- Adjusted Funds from Operations (AFFO) was $11.6 million, or $0.33 per diluted share.
- Increased 2026 AFFO guidance to $1.40-$1.42 per diluted share.
- Increased 2026 acquisition guidance to $130-$140 million.
- Initiated 2027 same-store cash revenue growth outlook of approximately 6.5%.
- Acquired 61 USPS properties for $34.6 million in Q1 2026.
- Rental income increased 21.6% from Q1 2025 to Q1 2026.
- Raised $59.7 million of gross equity sales via ATM program in Q1.