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Broadstone Net Lease, Inc. (BNL)
:BNL
US Market
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Broadstone Net Lease (BNL) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 25, 2026
TBA (Not Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.16
Last Year’s EPS
0.14
Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 29, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted Broadstone Net Lease's strong financial performance, successful investment strategy, and positive tenant relations, indicating resilience and growth potential. However, challenges such as competitive market conditions, limited product supply, and potential need for capital recycling were noted, balancing the overall positive outlook.
Company Guidance
During Broadstone Net Lease's third quarter 2025 earnings call, the company provided updated guidance, raising its full-year 2025 adjusted funds from operations (AFFO) per share to between $1.49 and $1.50, representing a 4.2% to 4.9% growth for the year. In the third quarter, Broadstone invested $204 million in accretive acquisitions and development projects, achieving a 1.2% sequential quarterly growth in contractual rental obligations and a 5.7% increase in quarterly AFFO per share compared to the same period last year. The company reported 100% rent collection and resolved tenant issues without incurring bad debt. Year-to-date investments total $552.6 million, including $353.4 million in new property acquisitions and $150.2 million in build-to-suit developments. The weighted average initial cash capitalization rate for new property acquisitions was 7.1%, with a straight-line yield of 8.2%. For build-to-suit projects, these rates stood at 7.5% and 8.9%, respectively. The company emphasized its industrial-focused strategy and build-to-suit program, anticipating substantial growth due to favorable market dynamics such as e-commerce and reshoring trends. Broadstone also highlighted a successful return to the investment-grade bond market with a $350 million offering of 5% senior unsecured notes due in 2032.
Strong Quarterly Performance
BNL reported a 5.7% increase in quarterly AFFO per share compared to Q3 2024 and raised full-year 2025 guidance to $1.49 to $1.50 of AFFO per share, representing 4.2% to 4.9% growth.
Successful Investment Strategy
Invested $204 million in accretive acquisitions and development projects, achieving a weighted average initial cash capitalization rate of 7.1% and a straight-line yield of 8.2% for new property acquisitions.
High Tenant Collection and Lease Assumption
Collected 100% of rents and resolved At Home and Claire’s situations with all leases assumed, leading to no bad debt incurred.
Robust Build-to-Suit Pipeline
Started 7 new build-to-suit developments in 2025 with a budgeted deployment of $256.7 million, contributing to long-term growth and yielding high returns.
Strong Capital Market Activity
Successfully returned to the investment-grade bond market with a public offering of $350 million of 5% senior unsecured notes, nearly 7x oversubscribed.
Significant Shareholder Returns
Delivered total shareholder return of more than 30% since the beginning of 2023 and nearly 20% year-to-date.

Broadstone Net Lease (BNL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

BNL Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 25, 2026
2025 (Q4)
0.16 / -
0.14
Oct 29, 2025
2025 (Q3)
0.17 / 0.14
0.19-26.32% (-0.05)
Jul 30, 2025
2025 (Q2)
0.18 / 0.10
0.19-47.37% (-0.09)
Apr 30, 2025
2025 (Q1)
0.17 / 0.09
0.35-74.29% (-0.26)
Feb 19, 2025
2024 (Q4)
0.19 / 0.14
0.03366.67% (+0.11)
Oct 30, 2024
2024 (Q3)
0.20 / 0.19
0.26-26.92% (-0.07)
Jul 30, 2024
2024 (Q2)
0.18 / 0.19
0.32-40.63% (-0.13)
May 01, 2024
2024 (Q1)
0.18 / 0.35
0.2166.67% (+0.14)
Feb 21, 2024
2023 (Q4)
0.19 / 0.03
0.2-85.00% (-0.17)
Nov 01, 2023
2023 (Q3)
0.18 / 0.26
0.1662.50% (+0.10)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

BNL Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 29, 2025
$17.93$17.75-1.00%
Jul 30, 2025
$15.65$15.98+2.11%
Apr 30, 2025
$15.63$15.32-1.98%
Feb 19, 2025
$14.77$15.22+3.05%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Broadstone Net Lease, Inc. (BNL) report earnings?
Broadstone Net Lease, Inc. (BNL) is schdueled to report earning on Feb 25, 2026, TBA (Not Confirmed).
    What is Broadstone Net Lease, Inc. (BNL) earnings time?
    Broadstone Net Lease, Inc. (BNL) earnings time is at Feb 25, 2026, TBA (Not Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is BNL EPS forecast?
          BNL EPS forecast for the fiscal quarter 2025 (Q4) is 0.16.
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