Broadstone Net Lease Q3 EPS $0.36 Up From $0.35 YoY, Sales $109.54M Miss $111.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Broadstone Net Lease (BNL) reported Q3 earnings of $0.36 per share, a 2.86% increase YoY. However, the company's quarterly sales of $109.54M missed the analyst consensus estimate of $111.37M by 1.64%.
November 01, 2023 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Broadstone Net Lease's Q3 earnings per share increased YoY, but sales missed estimates. This mixed result could lead to uncertain market reactions.
While Broadstone Net Lease reported a YoY increase in Q3 earnings per share, it missed sales estimates. This mixed result could lead to a neutral or uncertain market reaction in the short term, as investors weigh the positive earnings against the missed sales forecast.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100