Broadstone Net Lease reports Q2 adjusted FFO 38c, consensus 37c

Reports Q2 revenue $112.99M. The company said, “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. 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 midpoint. This upward revision reflects not only our confidence in the business but also our steadfast commitment to delivering long-term, sustainable growth and value creation for our shareholders.”