
• Reported GAAP EPS of $0.24 up 166.67% YoY • Reported revenue of $121.4M up 11.69% YoY • For 2026, Broadstone Net Lease expects to report AFFO of $1.53 to $1.57 per diluted share, which remains unchanged, based on planned investments of $500M to $625M.
Bullish
Broadstone Net Lease achieved 5.6% AFFO growth and 2.8% same store rental revenue growth, driven by significant investments in new properties and strong rent collection.
Bearish
Broadstone Net Lease experienced increased general and administrative expenses, while per share results remain sensitive to investment timing and unsettled forward equity sales.