---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-118996"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:10:59.911000+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease Q3 AFFO $0.35/sh flat YoY; reaffirms FY AFFO guidance $1.41-$1.43

## Summary
- Q3 revenue $108.4M (-1% YoY); net income $37.3M ($0.19) vs $52.1M ($0.26) in Q3 2023.
- AFFO $70.2M ($0.35) vs $70.0M ($0.36) YoY; Core FFO $0.37/share flat.
- Portfolio 99% leased; 99.1% rent collected; healthcare exposure reduced to <10% ABR after $339M YTD dispositions.
- Development pipeline $418.8M remaining; sold 2.2M shares forward for $39M; net debt/EBITDAre 5.0x.
- FY 2024 AFFO guidance reaffirmed $1.41-$1.43; investment narrowed to $400-600M; G&A lowered to $31-33M.

## SEC filing metadata
- accession: 0000950170-24-118996
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000095017024118996/0000950170-24-118996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000095017024118996/bnl-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-118996
- JSON: https://secwatch.observer/filing/0000950170-24-118996.json
- Plain text: https://secwatch.observer/filing/0000950170-24-118996.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.