Broadstone Net Lease third-quarter revenue and EPS come in below estimates
Broadstone Net Lease reported third-quarter revenue and EPS below analyst forecasts while raising its 2026 investment and disposition guidance.
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what happened
According to Reuters, citing LSEG and company data, industrial REIT Broadstone Net Lease posted third-quarter revenue of $121.87 million, short of the $123.63 million consensus from seven analysts. Earnings per share came in at $0.14 against $0.17 expected by four analysts, also a miss. AFFO per share still rose 5.4% year on year, which the company linked to portfolio performance.
The company lifted its 2026 outlook: real estate investment is now expected at $700-800 million, up from $600-800 million, and dispositions at $150-200 million, versus $100-150 million earlier. The 2026 AFFO forecast of $1.55-1.57 per diluted share was kept unchanged. The company collected 99.9% of base rents due for the quarter.
why it matters
For REIT investors, AFFO and rental cash flow remain the main yardsticks, so the higher investment and disposal guidance may matter more than the quarterly revenue shortfall. Analyst ratings on the stock lean toward buy, though these views are not recommendations to act.
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sources
- Broadstone Net Lease Q3 revenue and EPS miss estimates — Reuters, 28 October 2026 at 20:25 UTC
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