CEDARHURST, N.Y. (AP) — CEDARHURST, N.Y. (AP) — Postal Realty Trust, Inc. (PSTL) on Tuesday reported a key measure of profitability in its first quarter. The results missed Wall Street expectations.

The Cedarhurst, New York-based real estate investment trust said it had funds from operations of $6.9 million, or 25 cents per share, in the period.

The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 26 cents per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $206,000, or a loss of 1 cent per share.

Postal Realty Trust, based in Cedarhurst, New York, posted revenue of $17.3 million in the period, which met Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSTL at https://www.zacks.com/ap/PSTL