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

Broadstone Net Lease

04/05/2023 01:38

* Broadstone Net Lease Inc  BNL.N  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 15
cents per share.
    * Revenue rose 26.8% to $118.99 million from a year ago;
analysts
expected $112.70 million. 
    * Broadstone Net Lease Inc's reported EPS for the quarter
was 21
cents​.
    * 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. 
    * Broadstone Net Lease Inc shares had fallen by 5.6% this
quarter and lost 0.9% so far this year.
    * The company reported quarterly net income of $39.3
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 "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 LSEG Refinitiv data May
4 at 12:38 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.37           0.37           Met