secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001424182-25-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNL Q2 AFFO per share $0.38, up 5.6% YoY; raises full-year AFFO guidance to $1.48–$1.50
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000142418225000018/0001424182-25-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000142418225000018/bnl-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001424182-25-000018

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