05:39 PM EDT, 07/30/2024 (MT Newswires) -- Broadstone Net Lease ( BNL ) reported Q2 adjusted funds from operations late Tuesday of $0.36 per diluted share, up from $0.35 a year earlier.

Analysts polled by Capital IQ expected $0.35.

Revenue for the quarter ended June 30 was $105.9 million, down from $109.4 million a year earlier.

Analysts surveyed by Capital IQ expected $105.4 million.

For 2024, the real estate investment trust reiterated its adjusted FFO guidance of $1.41 to $1.43 per diluted share. Analysts polled by Capital IQ expect $1.42.