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

Broadstone Net Lease

02/08/2023 23:33

* Broadstone Net Lease Inc  BNL.N  reported quarterly
adjusted
earnings of 32 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 11.6% to $109.35 million from a year ago;
analysts
expected $112.43 million. 
    * Broadstone Net Lease Inc's reported EPS for the quarter
was 32
cents​.
    * The mean earnings estimate of analysts had risen by
about 2% 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 7.6% this
quarter and gained 2.5% so far this year.
    * The company reported quarterly net income of $60.01
million.
    * Wall Street's median 12-month price target for Broadstone
Net
Lease Inc is $20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 10:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.39           0.37           Missed
 Mar. 31 2023      0.38           0.41           Beat
 Dec. 31 2022      0.38           0.39           Beat
 Sep. 30 2022      0.37           0.36           Missed