earnings
confidence high
sentiment positive
materiality 0.75
BNL Q2 AFFO per share $0.38, up 5.6% YoY; raises full-year AFFO guidance to $1.48–$1.50
Broadstone Net Lease, Inc.
2025-Q2 EPS reported
$0.19
revenue$221,677,000
- Net income $19.8M ($0.10 diluted EPS), down 44.8% YoY due to $8.1M increase in impairment.
- AFFO $74.3M ($0.38/sh), up 5.6% YoY; portfolio 99.1% leased; collected 99.6% of base rents.
- Raised 2025 AFFO guidance to $1.48–$1.50 per share from $1.45–$1.49 on strong performance.
- Invested $140.8M in Q2 including $63.3M build-to-suit; YTD investments total $229.1M.
- Quarterly dividend maintained at $0.29/share; Net Debt/Annualized Adjusted EBITDAre at 5.3x.