Broadstone Net Lease beats Q3 revenue estimates, raises 2025 AFFO forecast

Broadstone Net Lease

29/10/2025 20:56

Overview

Broadstone Q3 revenue beats analyst expectations, AFFO increases 5.7% yr/yr

Net income for Q3 falls 26.3% yr/yr due to higher interest and impairment costs

Company raises full-year AFFO guidance to $1.49-$1.50 per share

Outlook

Company raises full-year AFFO guidance to $1.49-$1.50 per share

Company revises real estate investment forecast to $650-$750 mln

Company expects dispositions of real estate properties between $75 mln and $100 mln

Result Drivers

ACQUISITIONS AND DEVELOPMENT - Co invested $204 mln in acquisitions and development projects, contributing to growth strategy

RENT COLLECTION - Co collected 100% of base rents due for the qtr for all properties under lease

LEASE RESOLUTIONS - Successfully navigated At Home and Claires bankruptcies with all leases assumed, no rent loss anticipated

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$114.16 mln
$113.10 mln (6 Analysts)
Q3 EPS
$0.14
Q3 Adjusted FFO
$74.31 mln
Q3 FFO
$70.96 mln
Q3 Adjusted FFO Per Share
$0.37
Q3 FFO Per Share
$0.36


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Broadstone Net Lease Inc is $20.00, about 7.4% above its October 28 closing price of $18.52

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw2cfSMMa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)