Postal Realty Trust reports Q4 EPS 26c, consensus 25c

Reports Q4 revenue $17.0M, consensus $16.3M. The Company’s owned portfolio was 99.7% occupied, comprised of 1,509 properties across 49 states and one territory with approximately 5.9 million net leasable interior square feet and a weighted average rental rate of $9.37 per leasable square foot based on rents in place as of December 31, 2023. The weighted average rental rate consisted of $11.52 per leasable square foot on last-mile and flex properties and $3.55 on industrial properties.