What To Expect From Broadstone Net Lease ($BNL) Q3 Earnings?

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Broadstone Net Lease (NYSE: BNL) has set the date for the release of its third quarter financial results on Wednesday 30th October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.

The financial experts on Wall Street are predicting that the organization will likely report an estimated $0.21 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $106.57 million revenue during the quarter.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.36. This figure was a result of the company's total revenue, which reached an impressive $109.54 million million during that specific period.

Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $424.59 million. Additionally, they expect the company to post profit of $0.97 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.36 +2.9% 105.91 M -3.2%
Q1 2024 $0.36 +5.9% 105.37 M -11.5%
Q4 2023 $0.36 0% 105.00 M -6.4%
Q3 2023 $0.36 +2.9% 109.54 M +5.8%
Q2 2023 $0.35 0% 109.35 M +11.6%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 31st October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.

Broadstone Net Lease (BNL) shares traded as low as $17.83 and as high as $18.10 on a day volume of 999.50 thousand shares, closed Monday's regular trading session at $18.05, a gain of 1.46 percent.