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

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Broadstone Net Lease, Inc. (NYSE: BNL) will announce its financial results for Q3 2022 on November 2, 2022, after market hours. An earnings conference call will follow on November 3 at 11:00 a.m. ET, accessible via a live webcast or by phone. As of September 30, 2022, BNL's portfolio includes 790 net leased commercial properties across the U.S. and Canada, emphasizing a diverse investment strategy. The company acknowledges potential risks in their forward-looking statements, including economic trends and tenant financial health.

Positive
  • BNL's portfolio consists of 790 properties across 44 U.S. states and Canada.
  • The company employs a strong credit analysis and prudent underwriting approach.
Negative
  • Potential risks include economic challenges such as inflation and interest rates.
  • Concerns about tenant financial health affecting future performance.

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, 2022, after the market closes on Wednesday, November 2, 2022. The Company will host its earnings conference call and audio webcast on Thursday, November 3, 2022, at 11:00 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/395933686. 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 181980. 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: 1-866-813-9403 (toll free) or 1-929-458-6194 (local), access code 547581. The replay will be available via dial-in until Thursday, November 17, 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 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. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2022, BNL's diversified portfolio consisted of 790 individual net leased commercial properties with 783 properties located in 44 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 within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies, and prospects, both business and financial. Such forward-looking statements can generally be identified by our 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, including our 2022 guidance and assumptions, 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 us and our tenants, general economic conditions, including but not limited to increases in the rate of inflation and/or interest rates, local real estate conditions, tenant financial health, property acquisitions, and the timing and uncertainty of completing these acquisitions, and uncertainties regarding future distributions to our stockholders. 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.

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 announce its Q3 2022 financial results?

Broadstone Net Lease will announce its Q3 2022 financial results on November 2, 2022.

What time is the Broadstone Net Lease earnings conference call?

The earnings conference call is scheduled for November 3, 2022, at 11:00 a.m. Eastern Time.

What is included in Broadstone Net Lease's current portfolio?

As of September 30, 2022, Broadstone Net Lease's portfolio includes 790 net leased commercial properties.

What risks did Broadstone Net Lease mention in its press release?

The company highlighted risks such as economic conditions, inflation, interest rates, and tenant financial health.

How can I access the Broadstone Net Lease earnings conference call?

You can access the earnings conference call via a live webcast or by phone using the provided access numbers.

Broadstone Net Lease, Inc.

NYSE:BNL

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