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Broadstone Net Lease, Inc. (BNL) Surpasses Q2 FFO and Revenue Estimates
BroadstoneBroadstone(US:BNL) ZACKSยท2025-07-30 22:55

Company Performance - Broadstone Net Lease, Inc. (BNL) reported quarterly funds from operations (FFO) of $0.38 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, and up from $0.36 per share a year ago, representing an FFO surprise of +2.70% [1] - The company posted revenues of $112.99 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.23%, compared to year-ago revenues of $105.91 million [2] - Over the last four quarters, Broadstone Net Lease has surpassed consensus revenue estimates three times [2] Future Outlook - The sustainability of the stock's immediate price movement will depend on management's commentary during the earnings call and future FFO expectations [3] - The current consensus FFO estimate for the coming quarter is $0.37 on revenues of $113.73 million, and for the current fiscal year, it is $1.47 on revenues of $450.58 million [7] - The estimate revisions trend for Broadstone Net Lease was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The REIT and Equity Trust - Residential industry, to which Broadstone Net Lease belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]