Postal Realty Trust, Inc. (PSTL) Q3 2024 Earnings Call Transcript Summary
Postal Realty Trust, Inc. (PSTL) Q3 2024 Earnings Call Transcript Summary
Postal Realty Trust has experienced notable progress in re-leasing and demonstrated robust same-store cash NOI projections for 2023 through 2025.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。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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。