BNL - Earnings announcements

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the year and quarter ended March 31, 2026. MANAGEMENT COMMENTARY "We are off to a great start for the year, delivering 5.6% year-over-year AFFO growth during the quarter," said John Moragne, BNL's Chief Executive Officer. "We strengthened our committed build-to-suit pipeline, invested over $60 million in high yielding stabilized acquisitions, and realized no lost rent, highlighting another quarter of diligent execution across the organization. We remain focused on adding to our growing pipeline of build-to-suits and driving long-term sustainable shareholder value

Broadstone Net Lease, Inc. (NYSE:BNL) ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today announced that it will release its financial and operating results for the quarter ended March 31, 2026, after the market closes on Wednesday, April 29, 2026. The Company will host its earnings conference call and audio webcast on Thursday, April 30, 2026, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/613304153. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 797103. Int

Broadstone Net Lease, Inc. (NYSE:BNL) ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today announced that it will release its financial and operating results for the quarter and year ended December 31, 2025, after the market closes on Wednesday, February 18, 2026. The Company will host its earnings conference call and audio webcast on Thursday, February 19, 2026, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/945442806. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-646-844-6383 (local), acces

Broadstone Net Lease, Inc. (NYSE:BNL) ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today announced that it will release its financial and operating results for the quarter ended September 30, 2025, after the market closes on Wednesday, October 29, 2025. The Company will host its earnings conference call and audio webcast on Thursday, October 30, 2025, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/532774299. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-646-844-6383 (local), access code 2

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the quarter ended June 30, 2025. MANAGEMENT COMMENTARY "We are proud to report another outstanding quarter, underscoring the strength of our portfolio and differentiated growth strategy. The team's disciplined execution was instrumental in driving meaningful progress on several key tenant matters and strong year-to-date investment activity, increasing our momentum as we enter the second half of the year," said John Moragne, BNL's Chief Executive Officer. "As a result, we are raising our full-year guidance to $1.48 to $1.50 AFFO per share, or 4.2% growth at our mi

Broadstone Net Lease, Inc. (NYSE:BNL) ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today announced that it will release its financial and operating results for the quarter ended June 30, 2025, after the market closes on Wednesday, July 30, 2025. The Company will host its earnings conference call and audio webcast on Thursday, July 31, 2025, at 1:00 p.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/210232742. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 819289. Inter

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the quarter ended March 31, 2025. MANAGEMENT COMMENTARY "We are pleased to report a strong first quarter of results, demonstrating continued disciplined execution," said John Moragne, BNL's Chief Executive Officer. "We remain focused on driving long-term shareholder value and believe our differentiated business model consisting of our four core building blocks along with an investment-grade balance sheet position us well in the current environment to execute on our growth strategy. We continue to find success growing our build-to-suit pipeline through both existing

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended March 31, 2025, after the market closes on Wednesday, April 30, 2025. The Company will host its earnings conference call and audio webcast on Thursday, May 1, 2025, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/133004162. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 494942. International access numbers are viewable

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the year and quarter ended December 31, 2024. MANAGEMENT COMMENTARY "I am extremely proud of our 2024 results, achieving $1.43 of AFFO per share, at the top end of our guidance, and executing on over $400 million in total investments while substantially completing our clinical healthcare portfolio simplification strategy. We are well set up for growth in 2025 and beyond through our differentiated core building blocks of growth, including a strong pipeline of new investments and more than $200 million of high-quality build-to-suit developments scheduled to phase int

Broadstone Net Lease, Inc. (NYSE:BNL) ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today announced it has added two new developments with an aggregate estimated total project investment of approximately $117.4 million to its pipeline of build-to-suit development commitments. BNL also announced that it will release its financial and operating results for the quarter and year ended December 31, 2024, after the market closes on Wednesday, February 19, 2025. The Company will host its earnings conference call and audio webcast on Thursday, February 20, 2025, at 1:00 p.m. Eastern Time. "We are proud of the significant progress we have made in growing our pipeline of committed bui

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the quarter ended September 30, 2024. MANAGEMENT COMMENTARY "We came into 2024 with two primary objectives: execute on our healthcare portfolio simplification strategy and build a strong pipeline focused on our differentiated core building blocks of growth. With the successful sale of the latest tranche of our clinical assets bringing our total healthcare exposure to less than 10% of our ABR and with more than $400 million of high-quality build-to-suit developments under control, I am incredibly proud of our team for accomplishing both," said John Moragne, BNL's Ch

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended September 30, 2024, after the market closes on Wednesday, October 30, 2024. The Company will host its earnings conference call and audio webcast on Thursday, October 31, 2024, at 10:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/940770546. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 340652. International access numbers a

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the quarter ended June 30, 2024. MANAGEMENT COMMENTARY "We are performing well in all facets of our business, and I am incredibly proud of our results and execution on our strategic priorities through the first half of this year," said John Moragne, BNL's Chief Executive Officer. "We had ambitious goals for 2024 and are well on our way to meeting them. We are on the cusp of substantially completing our healthcare portfolio simplification strategy, having fully redeployed those proceeds into closed and committed investments, and are continuing to build a strong pi

Broadstone Net Lease, Inc. (NYSE:BNL) ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today provided an update on its healthcare portfolio simplification strategy through June 30, 2024. Additionally, the Company announced that it will release its financial and operating results for the quarter ended June 30, 2024, after the market closes on Tuesday, July 30, 2024, and host its earnings conference call and audio webcast on Wednesday, July 31, 2024, at 11:00 a.m. Eastern Time. JULY 2024 HEALTHCARE PORTFOLIO SIMPLIFICATION STRATEGY UPDATE Through June 30, 2024 and as previously reported, we have sold 38 clinically-oriented healthcare properties for gross proceeds of $262.2 mil

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the quarter ended March 31, 2024. MANAGEMENT COMMENTARY "Adding to the positive momentum discussed in our April 3 press release, we've now closed on $202 million of investments during 2024 and have $122 million of investments under control," said John Moragne, BNL's Chief Executive Officer. "Executing on our healthcare portfolio simplification strategy and returning to consistent growth is our top priority. Despite historically low net lease transaction volumes, our recent deals highlight our ability to creatively source and structure high quality, direct investm

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024. The Company will host its earnings conference call and audio webcast on Thursday, May 2, 2024, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/505999171. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 189053. International access numbers are viewable

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL", the "Company", "we", "our", or "us"), today announced its operating results for the year and quarter ended December 31, 2023, and its healthcare portfolio simplification strategy. MANAGEMENT COMMENTARY "I am incredibly proud of our 2023 results, which we were able to deliver despite significant economic headwinds and capital market volatility through the year. We thoughtfully navigated a challenging environment by intentionally focusing on portfolio composition and quality which we believe will be the catalyst for increasing shareholder value as markets stabilize," said John Moragne, BNL's Chief Executive Officer. "We employed a disciplined

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter and year ended December 31, 2023, after the market closes on Wednesday, February 21, 2024. The Company will host its earnings conference call and audio webcast on Thursday, February 22, 2024, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/958546087. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 822981. International acce

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended September 30, 2023. THIRD QUARTER 2023 HIGHLIGHTS INVESTMENT ACTIVITY During the third quarter, we invested $16.5 million in four industrial properties and one retail property, including $4.8 million in revenue generating capital expenditures and $11.7 million in both new and existing development fundings. Revenue generating capital expenditures had a weighted average initial cash capitalization rate of 6.7%, a weighted average initial term of 14.1 years, and minimum annual rent increases of 2.0%. Year-to-date, we have completed investm

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended September 30, 2023, after the market closes on Wednesday, November 1, 2023. The Company will host its earnings conference call and audio webcast on Thursday, November 2, 2023, at 10:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/492451212. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-646-904-5544 (local), access code 001761. International access numbers

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended June 30, 2023. SECOND QUARTER 2023 HIGHLIGHTS INVESTMENT ACTIVITY During the second quarter, we invested $64.9 million in five industrial properties, including $20.4 million in new property acquisitions, $7.0 million in revenue generating capital expenditures, and $37.5 million in development fundings. The new property acquisitions and revenue generating capital expenditures had a weighted average initial cash capitalization rate of 7.3%, a weighted average initial term of 15.2 years, and minimum annual rent increases of 1.9%. Year-to-d

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended June 30, 2023, after the market closes on Wednesday, August 2, 2023. The Company will host its earnings conference call and audio webcast on Thursday, August 3, 2023, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/130777021. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 138869. International access numbers are view

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended March 31, 2023. FIRST QUARTER 2023 HIGHLIGHTS INVESTMENT ACTIVITY Invested $20.0 million in three properties at a weighted average initial cash capitalization rate of 7.0%, including revenue generating capital expenditures with existing industrial tenants (74% of the quarter's volume, based on invested dollars) and a retail property acquisition (26% of the quarter's volume). The acquisition had a weighted average initial term of 20.1 years and minimum annual rent increases of 1.8%. During the first quarter and through the date of thi

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended March 31, 2023, after the market closes on Wednesday, May 3, 2023. The Company will host its earnings conference call and audio webcast on Thursday, May 4, 2023, at 10:30 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/210608708. If you prefer to listen via phone, U.S. participants may dial: 1-833-470-1428 (toll free) or 1-404-975-4839 (local), access code 079816. International access numbers are viewable

Jessica Duran and Laura Felice Appointed to the Board Geoffrey Rosenberger to Retire From the Board Broadstone Net Lease, Inc. (NYSE:BNL) ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today announced that its Board of Directors (the "Board") has appointed Jessica Duran, a Managing Director and the Chief Financial Officer of TSG Consumer Partners, and Laura Felice, the Executive Vice President and Chief Financial Officer of BJ's Wholesale Club Holdings, Inc. to the Board. "We are thrilled to have Jessica and Laura join BNL's Board of Directors," said Laurie Hawkes, Chairman. "Jessica and Laura each possess a skillset that complements those of our existing Board members. Jessi

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended September 30, 2022, after the market closes on Wednesday, November 2, 2022. The Company will host its earnings conference call and audio webcast on Thursday, November 3, 2022, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/395933686. If you prefer to listen via phone, U.S. participants may dial: 1-844-200-6205 (toll free) or 1-646-904-5544 (local), access code 181980. International access numbers a

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended June 30, 2022. SECOND QUARTER 2022 HIGHLIGHTS INVESTMENT ACTIVITY Invested $182.4 million in 15 properties at a weighted average initial cash capitalization rate of 6.4%. The leases had a weighted average initial term of 19.9 years and minimum annual rent increases of 2.1%. These acquisitions included properties in the industrial, retail, and healthcare asset classes. Subsequent to quarter end, we closed an additional $80.2 million of acquisitions and currently have $70.9 million in acquisitions under control. Sold three properties, at a w

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended June 30, 2022, after the market closes on Wednesday, August 3, 2022. The Company will host its earnings conference call and audio webcast on Thursday, August 4, 2022, at 10:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/962354572. If you prefer to listen via phone, U.S. participants may dial: 1-888-510-2080 (toll free) or 1-646-960-0460 (local), access code 1514584. International access numbers are viewa

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended March 31, 2022. FIRST QUARTER 2022 HIGHLIGHTS INVESTMENT ACTIVITY  Invested $210.0 million in 27 properties at a weighted average initial cash capitalization rate of 5.7%. The acquisitions included properties in the restaurant, retail, and industrial asset classes. The properties included a portfolio of high quality retail assets that are well located within multiple Canadian provinces and master-leased to Canada's leading retailer of outdoor recreation gear. We have an additional $27.2 million of acquisitions that have closed and $164.2 mil

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended March 31, 2022, after the market closes on Tuesday, May 3, 2022. The Company will host its earnings conference call and audio webcast on Wednesday, May 4, 2022, at 1:00 p.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/298485536. If you prefer to listen via phone, U.S. participants may dial: 1-844-200-6205 (toll free) or 1-646-904-5544 (local), access code 436086. Canadian participants may dial: 1-833-950-0062

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended December 31, 2021, after the market closes on Tuesday, February 22, 2022. The Company will host its earnings conference call and audio webcast on Wednesday, February 23, 2022, at 1:00 p.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/695486672. If you prefer to listen via phone, U.S. participants may dial: 1-844-200-6205 (toll free) or 1-646-904-5544 (local), access code 202772. International callers may dial

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL" or the "Company") today announced that it will release its financial and operating results for the quarter ended September 30, 2021, after the market closes on Monday, November 1, 2021. The Company will host its earnings conference call and audio webcast on Tuesday, November 2, 2021, at 10:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/193471231. If you prefer to listen via phone, U.S. participants may dial: 1-844-200-6205 (toll free) or 1-646-904-5544 (local), access code 848423. International callers may dial 1-9

Broadstone Net Lease, Inc. (NYSE:BNL), an internally-managed real estate investment trust ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended June 30, 2021. SECOND QUARTER 2021 HIGHLIGHTS - 2021 AFFO guidance range tightened to $1.30 to $1.34 per diluted share. - Invested $194.0 million in 34 properties at a weighted average initial cash cap rate of 6.2% with an additional $34.2 million of acquisitions that have closed subsequent to quarter end. The acquisitions included properties in industrial, healthcare, and retail asset classes. As of the date of this release, we have an additional $210.6 million of properties under control. - C