Broadstone Net Lease, Inc. (BNL) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Broadstone Net Lease's first quarter 2025 earnings conference call. My name is Emily and I'll be your operator today. Please note that today's call is being recorded. I will now turn the call over to Brent Madel, Director of Corporate Finance and Investor Relations at Broadstone. Please go ahead. Thank you everyone for joining us today for Broadstone Net Lease's first quarter 2025 earnings call. On today's call, you will hear prepared remarks from CEO John Marrana, 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 under-reliance on these forward-looking statements. and refer you to our FCC filings, including our Form 10-K for the year ended December 31st, 2024, for a more detailed discussion of the risk factors that may cause such differences. And note that such risk factors may be updated in our quarterly FCC filings. Any forward-looking statements provided during this conference call are only made as of the date of this call. With that, I'll turn the call over to John. Thank you, Brent, and good morning, everyone. I am pleased to report strong first quarter results. demonstrating continued disciplined execution and the unique benefits of our strategy. We remain focused on driving long-term shareholder value and believe our differentiated business model, consisting of our four core building blocks, along with an investment-grade balance sheet, positions us well in the current environment to drive attractive growth for our shar...