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home / news releases / BNL - Broadstone Net Lease Inc. (BNL) Q1 2024 Earnings Call Transcript


BNL - Broadstone Net Lease Inc. (BNL) Q1 2024 Earnings Call Transcript

2024-05-02 17:16:07 ET

Broadstone Net Lease, Inc. (BNL)

Q1 2024 Earnings Conference Call

May 02, 2024 11:00 AM ET

Company Participants

Brent Maedl - Director, Corporate Finance and Investor Relations

John Moragne - Chief Executive Officer

Ryan Albano - President and Chief Operating Officer

Kevin Fennell - Chief Financial Officer

Conference Call Participants

Michael Gorman - BTIG

Caitlin Burrows - Goldman Sachs

Mitch Germain - JMP Securities

Ki Bin Kim - Truist

Ronald Kamdem - Morgan Stanley

Eric Borden - BMO Capital Markets

Spenser Allaway - Green Street

Presentation

Operator

Hello everyone and welcome to the Broadstone Net Lease's First Quarter 2024 Earnings Conference Call. My name is Bailey and I will be your operator today. Please note that today's call is being recorded.

I will now turn the call over to Brent Maedl, Director of Corporate Finance and Investor Relations at Broadstone. Please go ahead.

Brent Maedl

Thank you operator and thank you everyone for joining us today for Broadstone Net Lease's first quarter 2024 earnings call. On today's call you will hear prepared remarks from CEO, John Moragne; President and COO, Ryan Albano; and CFO, Kevin Fennell. All three will be available for the Q&A portion of this call.

As a reminder, the following discussion and answers to your questions contain forward-looking statements, which are subject to risks and uncertainties that can cause actual results to differ materially due to a variety of factors.

We caution you not to place undue reliance on these forward-looking statements and refer you to our SEC filings including our Form 10-K for the year ended December 31st, 2023 for a more detailed discussion of the risk factors that may cause such differences. Any forward-looking statements provided during this conference call are only made as of the date of this call.

And with that I'll turn the call over to John.

John Moragne

Thank you, Brent. Good morning everyone. As we discussed during our call last quarter, the largest variable in establishing guidance this year was the timing of our healthcare dispositions and the subsequent redeployment of proceeds generated from the portfolio sales....

For further details see:

Broadstone Net Lease, Inc. (BNL) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Broadstone Net Lease Inc. Class A
Stock Symbol: BNL
Market: NYSE
Website: investors.bnl.broadstone.com

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