Broadstone Net Lease, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

Rhea-AI Summary

Broadstone Net Lease (NYSE: BNL) will release its financial results for Q2 2022 on August 3, 2022, after market close. An earnings conference call is scheduled for August 4, 2022, at 10:00 a.m. ET. BNL, a real estate investment trust, focuses on net leased commercial properties, currently managing a diversified portfolio of 752 properties across the U.S. and Canada. The company emphasizes strong credit analysis and prudent underwriting in its investment strategy.

Positive

• BNL manages a diversified portfolio consisting of 752 commercial properties.
• The company employs a strong credit analysis and prudent real estate underwriting strategy.

Negative

• Risks related to the COVID-19 pandemic may impact tenant financial health and property acquisitions.
• Forward-looking statements contain uncertainties that could lead to actual results differing materially from expectations.

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended June 30, 2022, after the market closes on Wednesday, August 3, 2022. The Company will host its earnings conference call and audio webcast on Thursday, August 4, 2022, at 10:00 a.m. Eastern Time.

Conference Call and Webcast Details

To access the live webcast, which will be available in listen-only mode, please visit: https://events.q4inc.com/attendee/962354572. If you prefer to listen via phone, U.S. participants may dial: 1-888-510-2080 (toll free) or 1-646-960-0460 (local), access code 1514584. International access numbers are viewable here: https://events.q4irportal.com/custom/access/2324/.

A replay of the conference call webcast will be available approximately one hour after the conclusion of the live broadcast. To listen to a replay of the call via phone, all participants may dial: 1-800-770-2030 (toll free) or 1-647-362-9199 (local), access code 1514584. The replay will be available via dial-in until Thursday, August 18, 2022. To listen to a replay of the call via the web, which will be available for one year, please visit: https://investors.bnl.broadstone.com.

About Broadstone Net Lease, Inc.

BNL is a real estate investment trust (REIT) that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. BNL utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of March 31, 2022, BNL’s diversified portfolio consisted of 752 individual net leased commercial properties with 745 properties in 43 U.S. states and seven properties located in four Canadian provinces across the industrial, healthcare, restaurant, retail, and office property types.

Cautionary Statements Concerning Forward-Looking Statements

This press release contains “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995, regarding, among other things, our plans, strategies, and prospects, both business and financial. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “intend,” “anticipate,” “estimate,” “would be,” “believe,” “continue,” or other similar words. Forward-looking statements involve known and unknown risks and uncertainties, which may cause BNL’s actual future results to differ materially from expected results, including, without limitation, risks and uncertainties related to the COVID-19 pandemic and its related impacts on the Company and its tenants, general economic conditions, local real estate conditions, tenant financial health, property acquisitions, and the timing and uncertainty of completing these acquisitions. These and other risks, assumptions, and uncertainties are described in Item 1A “Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on February 23, 2022, which you are encouraged to read and is available on the SEC’s website at www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. The Company assumes no obligation to, and does not currently intend to, update any forward-looking statements after the date of this press release, whether as a result of new information, future events, changes in assumptions or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220705005782/en/

Company Contact:

Michael Caruso

SVP, Corporate Finance & Investor Relations

michael.caruso@broadstone.com

585.402.7842

Source: Broadstone Net Lease, Inc.

FAQ

When will Broadstone Net Lease release its financial results for Q2 2022?

Broadstone Net Lease will release its financial results on August 3, 2022, after market close.

What time is the earnings conference call for Broadstone Net Lease?

The earnings conference call is scheduled for August 4, 2022, at 10:00 a.m. Eastern Time.

How many properties does Broadstone Net Lease manage?

Broadstone Net Lease manages a diversified portfolio of 752 commercial properties.

What investment strategy does Broadstone Net Lease utilize?

BNL utilizes a strategy focused on strong credit analysis and prudent real estate underwriting.

What risks could affect Broadstone Net Lease's future performance?

Risks include the COVID-19 pandemic's impact on tenant health and economic conditions affecting property acquisitions.