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

Broadstone Net Lease

22/02/2023 23:24

* Broadstone Net Lease Inc  BNL.N  reported quarterly
adjusted
earnings of 20 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 17 cents per share.
    * Revenue rose 21% to $112.14 million from a year ago;
analysts
expected $106.45 million. 
    * Broadstone Net Lease Inc's reported EPS for the quarter
was 20
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Broadstone Net Lease Inc shares had risen by 10.4% this
quarter.
    * The company reported quarterly net income of $34.73
million.
    * Wall Street's median 12-month price target for Broadstone
Net
Lease Inc is $22.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 11:24 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.38           0.39           Beat
 Sep. 30 2022      0.37           0.36           Missed
 Jun. 30 2022      0.37           0.37           Met
 Mar. 31 2022      0.36           0.37           Beat