Broadstone Net Lease Q2 net income $63.0M, AFFO $0.35/share; affirms FY guidance

Broadstone Net Lease, Inc.

2023-Q2 EPS reported $0.53 revenue$228,345,000

Q2 2023 net income $63.0M ($0.32 EPS); revenue $109.4M, up 11.6% YoY.
AFFO of $69.0M ($0.35/share), flat YoY; core FFO $0.38/share.
Invested $64.9M in five industrial properties; portfolio 99.4% leased across 801 properties.
Affirmed FY 2023 AFFO guidance $1.40-$1.42 per share; investment guidance $300M-$500M unchanged.
Board declared $0.28 quarterly dividend, payable Oct 13 to record Sep 29.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.5

Broadstone Net Lease, Inc. reported financial results for the quarter ended June 30, 2023.

Period: the quarter ended June 30, 2023
Result: reported results

Exact text from the filing

On August 2, 2023, Broadstone Net Lease, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2023. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

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Broadstone Net Lease, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-037183

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