Broadstone Net Lease, Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call

Rhea-AI Summary

Broadstone Net Lease, Inc. (BNL) will release its financial and operating results for the quarter ended September 30, 2021 after market close on November 1, 2021. An earnings conference call is scheduled for November 2, 2021 at 10:00 a.m. ET. As of June 30, 2021, BNL's portfolio consisted of 684 net leased commercial properties across various sectors in 42 U.S. states and Canada. The company emphasizes strong credit analysis and prudent underwriting in its investment strategy.

Positive

• Diversified portfolio with 684 net leased properties in 42 states and Canada.
• Focus on strong credit analysis and prudent real estate underwriting.

Negative

• Risks related to COVID-19 pandemic affecting tenants and overall operations.
• Uncertainties regarding property acquisitions and their timing.

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 September 30, 2021, after the market closes on Monday, November 1, 2021. The Company will host its earnings conference call and audio webcast on Tuesday, November 2, 2021, 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/193471231. If you prefer to listen via phone, U.S. participants may dial: 1-844-200-6205 (toll free) or 1-646-904-5544 (local), access code 848423. International callers may dial 1-929-526-1599, access code 848423.

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, please visit: https://investors.bnl.broadstone.com.

About Broadstone Net Lease, Inc.

BNL is an internally-managed 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 June 30, 2021, BNL’s diversified portfolio consisted of 684 individual net leased commercial properties with 683 properties in 42 U.S. states and one property in Canada 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, 2020, filed with the SEC on February 25, 2021, 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/20211005006165/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 Q3 2021 earnings results?

Broadstone Net Lease will release its Q3 2021 earnings results after market close on November 1, 2021.

What time is the Broadstone Net Lease earnings conference call?

The earnings conference call for Broadstone Net Lease is scheduled for November 2, 2021, at 10:00 a.m. Eastern Time.

How many properties does Broadstone Net Lease own as of June 30, 2021?

As of June 30, 2021, Broadstone Net Lease owned 684 net leased commercial properties.

In which sectors are Broadstone Net Lease's properties located?

Broadstone Net Lease's properties are located in sectors such as industrial, healthcare, restaurant, retail, and office.