Broadstone Net Lease Inc. (BNL) Misses Q2 EPS by 8c, provides guidance
Broadstone Net Lease Inc. (NYSE: BNL) reported Q2 EPS of $0.10, $0.08 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $112.99 million versus the consensus estimate of $110.75 million.
2025 GUIDANCE
For 2025, BNL expects to report AFFO of between $1.48 and $1.50 per diluted share, revised up from $1.45 - $1.49 as a result of our portfolio\'s strong year-to-date performance, successful resolution on key tenant matters, and accretive investment activity.
The guidance is based on the following key assumptions:
investments in real estate properties between $500 million and $700 million, revised up from $400 to $600 million;
dispositions of real estate properties between $50 million and $100 million; and
total core general and administrative expenses between $30 million and $31 million.
For earnings history and earnings-related data on Broadstone Net Lease Inc. (BNL) click here.
