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業績會成績單:
Financial Performance:
財務表現:
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年第三季度股息資金(FFO)爲每股稀釋後0.24美元，調整後的資金( AFFO)爲每股稀釋後0.30美元。
淨債務與調整後EBITDA的年化比率從Q2的6.1倍降至5.6倍。
Business Progress:
業務進展:
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顯著進展，並展示了2023年至2025年同店現金淨營業收入的強勁預測。
與郵政服務簽署了新的出租方式，預測2023年淨營業收入增長超過4%，至少2024年增長3.25%，2025年增長3%。
全年完成了6400萬美元的收購，並簽訂了額外的物業合同。
以4.9%的資本化率出售了兩處物業，從收購轉向專注於回收資產和重新部署資金。
Opportunities:
機會：
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年收購目標爲9000萬美元，資本化率加權平均爲7.5%。
繼續資產回收以更具吸引力地重新配置資本。
Risks:
風險：
The Q3 acquisition volume was lighter than anticipated, which could suggest variability in acquisition pace and potential challenges in consistently meeting targeted growth.
第三季度收購成交量低於預期，這可能表明收購速度存在變動，且在持續滿足目標增長方面可能面臨挑戰。
Tips: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
