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Broadstone Net Lease, Inc. (BNL) Matches Q4 FFO Estimates
BNLBroadstone(BNL) ZACKS·2025-02-20 00:11

Core Viewpoint - Broadstone Net Lease, Inc. reported quarterly funds from operations (FFO) of 0.36pershare,matchingtheZacksConsensusEstimateandremainingunchangedfromthepreviousyear[1]FinancialPerformance−Thecompanypostedrevenuesof0.36 per share, matching the Zacks Consensus Estimate and remaining unchanged from the previous year [1] Financial Performance - The company posted revenues of 112.13 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 1.43% and up from 105millionayearago[2]−Overthelastfourquarters,BroadstoneNetLeasehassurpassedconsensusrevenueestimatestwotimes[2]StockPerformance−BroadstoneNetLeaseshareshavedeclinedapproximately1.1105 million a year ago [2] - Over the last four quarters, Broadstone Net Lease has surpassed consensus revenue estimates two times [2] Stock Performance - Broadstone Net Lease shares have declined approximately 1.1% since the beginning of the year, while the S&P 500 has gained 4.2% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is 0.36 on revenues of 111.7million,andforthecurrentfiscalyear,itis111.7 million, and for the current fiscal year, it is 1.47 on revenues of $449.83 million [7] - The estimate revisions trend for Broadstone Net Lease is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Residential industry is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8]