Broadstone Net Lease Inc reports results for the quarter ended December 31 - Earnings Summary

Broadstone Net Lease

19/02/2025 22:02

* Broadstone Net Lease Inc  BNL.N  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 3 cents.  The mean expectation of four analysts
for the quarter was for earnings of 20 cents per share. Wall
Street expected results to range from 17 cents to 25 cents per
share.
    * Revenue rose 6.8% to $112.13 million from a year ago;
analysts
expected $110.59 million. 
    * Broadstone Net Lease Inc's reported EPS for the quarter
was 14
cents​.
    * The company reported quarterly net income of $26.39
million.
    * Broadstone Net Lease Inc shares had fallen by 1.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Broadstone Net
Lease Inc is $18.00 
This summary was machine generated from LSEG data February 19 at
10:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.37           0.41           Beat
 Sep. 30 2024      0.37           0.37           Met
 Jun. 30 2024      0.36           0.36           Met
 Mar. 31 2024      0.36           0.37           Beat