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Broadstone Net Lease Q1 2023 Earnings Report

Broadstone Net Lease logo
$17.09 +0.05 (+0.30%)
As of 03:59 PM Eastern
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Broadstone Net Lease EPS Results

Actual EPS
$0.21
Consensus EPS
$0.38
Beat/Miss
Missed by -$0.17
One Year Ago EPS
$0.35

Broadstone Net Lease Revenue Results

Actual Revenue
$118.99 million
Expected Revenue
$111.56 million
Beat/Miss
Beat by +$7.43 million
YoY Revenue Growth
N/A

Broadstone Net Lease Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Broadstone Net Lease Earnings Headlines

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About Broadstone Net Lease

Broadstone Net Lease (NYSE:BNL) (the Corporation) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (REIT) commencing with the taxable year ended December 31, 2008. Broadstone Net Lease, LLC (the Corporation's operating company, or the OP), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation's properties. The Corporation is the sole managing member of the OP. The membership units not owned by the Corporation are referred to as OP Units or non-controlling interests. As the Corporation conducts substantially all of its operations through the OP, it is structured as what is referred to as an umbrella partnership real estate investment trust (UPREIT). The Corporation's common stock is listed on the New York Stock Exchange under the symbol BNL.

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