secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000950170-23-003762
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadstone Net Lease Q4 AFFO $0.36/share, FY2022 AFFO $1.40, guides FY2023 AFFO $1.40-$1.42
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- Q4 AFFO $65.6M ($0.36/share), up 5.8% YoY; FY2022 AFFO $252.2M ($1.40/share), up 6.9% YoY.
- Q4 revenue $112.1M; FY2022 revenue $407.5M, up 6.4% from $382.9M in 2021.
- Invested $310.3M in Q4 at 6.7% cap rate; FY2022 invested $907.2M at 6.4% cap rate, 86 properties.
- Portfolio 99.4% leased, 804 properties; Net Debt/EBITDAre 5.2x; declared $0.275 dividend payable Apr 14.
- FY2023 AFFO guidance $1.40-$1.42 per share; expects $300-500M investments, $100-150M dispositions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000095017023003762/0000950170-23-003762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000095017023003762/bnl-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-003762

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer