earnings
confidence high
sentiment positive
materiality 0.65
BNL reports FY 2024 AFFO $1.43/share at top of guidance; guides FY 2025 $1.45-$1.49
Broadstone Net Lease, Inc.
2024-FY EPS reported
$0.86
revenue$431,800,000
- FY 2024 net income $169.0M ($0.86/share), up 3.6% YoY; AFFO $282.0M ($1.43/share), at top end of guidance.
- Q4 2024: net income $27.6M ($0.14/share); AFFO $70.5M ($0.36/share).
- Portfolio 99.1% leased; invested $404.8M in 2024; completed healthcare divestiture with $364M in dispositions.
- Declared Q1 2025 dividend $0.29/share, payable April 15, 2025.
- FY 2025 AFFO guidance $1.45-$1.49/share, based on $400M-$600M investments and $50M-$100M dispositions.