Power REIT 10/31/2024 Earnings Report

Power REIT EPS Results

• Actual EPS: -$0.14
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Power REIT Revenue Results

• Actual Revenue: $1.43 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Power REIT Announcement Details

• Date: 10/31/2024
• Time: After Market Closes
• Conference Call Date: N/A
• Conference Call Time: N/A

Power REIT (NYSE:PW) is a real estate investment trust focused on acquiring and managing rural properties that support sustainable energy and agricultural uses. The company’s primary business activities involve purchasing farmland and timberland and granting long-term easements to renewable energy developers and utilities for solar and wind projects. By combining traditional land ownership with energy-transition partnerships, Power REIT seeks to generate stable, lease-based cash flows while preserving the underlying real estate’s value.

The firm’s portfolio includes solar and wind easements on timberland in states such as Virginia, Alabama and Georgia, as well as farmland in the Midwest leased to agricultural operators. Power REIT negotiates ground leases and easements that allow wind turbines and photovoltaic arrays to be installed on its properties, enabling energy companies to deploy clean-power assets without the upfront cost of land acquisition. In parallel, the company continues to cultivate relationships with agribusiness tenants to maintain diversified revenue streams.

Established in 2011 and trading on the NYSE under the symbol “PW,” Power REIT operates as an internally managed REIT. Steven M. Volk serves as President and Chief Executive Officer, overseeing a management team that brings expertise in real estate investment, renewable energy development and sustainable land management. Through disciplined acquisition criteria and a focus on long‐term lease arrangements, Power REIT aims to deliver income stability and potential capital appreciation for its shareholders.