Broadstone Net Lease, Inc. (BNL) Misses Q3 FFO Estimates

Group 1 - Broadstone Net Lease, Inc. (BNL) reported quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of$0.36 per share, representing an FFO surprise of -2.78% [1] - The company posted revenues of $108.4 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.81$109.54 million [2] - Broadstone Net Lease shares have increased by approximately 4.5% since the beginning of the year, while the S&P 500 has gained 22.3% [3] Group 2 - The current consensus FFO estimate for the coming quarter is $0.37 on revenues of$109.91 million, and for the current fiscal year, it is $1.43 on revenues of$425.47 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Residential is currently in the top 37% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]