Postal Realty Trust, Inc. (PSTL) Q3 2024 Earnings Call Transcript Summary
Postal Realty Trust, Inc. (PSTL) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Postal Realty Trust, Inc. (PSTL) Q3 2024 Earnings Call Transcript:
以下是postal realty trust的Q3 2024业绩会成绩单:
Financial Performance:
财务表现:
Q3 2024 delivered funds from operations (FFO) at $0.24 per diluted share and adjusted funds from operations (AFFO) at $0.30 per diluted share.
Net debt to annualized adjusted EBITDA reduced to 5.6 times from 6.1 times in Q2.
2024年第三季度股息资金(FFO)为每股稀释后0.24美元,调整后的资金( AFFO)为每股稀释后0.30美元。
净债务与调整后EBITDA的年化比率从Q2的6.1倍降至5.6倍。
Business Progress:
业务进展:
Postal Realty Trust has experienced notable progress in re-leasing and demonstrated robust same-store cash NOI projections for 2023 through 2025.
Executed new leasing approaches with the Postal Service, forecasting NOI growth of over 4% in 2023, at least 3.25% in 2024, and 3% in 2025.
Completed $64 million in acquisitions for the year and placed additional properties under contract.
Sold two properties at a 4.9% cap rate, transitioning from acquisitions to focusing on recycling assets and re-deploying proceeds.
Postal Realty Trust在重新出租方面取得显著进展,并展示了2023年至2025年同店现金净营业收入的强劲预测。
与邮政服务签署了新的出租方式,预测2023年净营业收入增长超过4%,至少2024年增长3.25%,2025年增长3%。
全年完成了6400万美元的收购,并签订了额外的物业合同。
以4.9%的资本化率出售了两处物业,从收购转向专注于回收资产和重新部署资金。
Opportunities:
机会:
Acquisitions are targeted to reach $90 million at a 7.5% weighted average cap rate for 2024.
Continuation of asset recycling to redeploy capital more accretively.
2024年收购目标为9000万美元,资本化率加权平均为7.5%。
继续资产回收以更具吸引力地重新配置资本。
Risks:
风险:
The Q3 acquisition volume was lighter than anticipated, which could suggest variability in acquisition pace and potential challenges in consistently meeting targeted growth.
第三季度收购成交量低于预期,这可能表明收购速度存在变动,且在持续满足目标增长方面可能面临挑战。
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提示:本文由人工智能生成。内容准确性无法完全保证。如需更全面详情,请参阅IR网站。本文仅供投资者参考,不具有任何指导或推荐建议。