Broadstone Net Lease Q4 EPS $0.36, Same YoY, Sales $105.00M Miss $110.23M Estimate
Portfolio Pulse from Happy Mohamed
Broadstone Net Lease (BNL) reported Q4 earnings per share of $0.36, unchanged YoY, with sales of $105.00M missing the $110.23M estimate, a 6.36% decrease from last year's $112.14M.

February 21, 2024 | 9:11 pm
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Broadstone Net Lease reported unchanged quarterly earnings per share of $0.36, with a sales miss at $105.00M against estimates of $110.23M, marking a 6.36% decrease from the previous year.
The unchanged earnings per share (EPS) indicates stability in BNL's profitability, but the miss in sales estimates and the year-over-year decrease in sales could signal underlying issues in revenue generation or market conditions that may concern investors. This combination of factors is likely to have a negative short-term impact on BNL's stock price as it reflects potential challenges in growth.
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