Boston Properties(BXP)

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Boston Properties: Interest Expenses, Vacancy Rate Keep Me Sidelined
Seeking Alpha· 2024-06-09 17:57
Pgiam Boston Properties First Quarter Financial Performance Boston Properties' balance sheet had a rather uneventful first quarter. Investors should note that the primary asset on the company's balance sheet is real estate assets, but accrued rental income, deferred charges, and investments in unconsolidated joint ventures are also notable components. Cash fell from $1.5 billion to $700 million in the first quarter. A good chunk of that cash decline likely came from the $700 million drop in unsecured notes, ...
Boston Properties(BXP) - 2024 Q1 - Quarterly Report
2024-05-10 14:48
Registrant Title of each class Trading Symbol(s) Name of each exchange on which registered Boston Properties, Inc. Common Stock, par value $0.01 per share BXP New York Stock Exchange FORM 10-Q For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BOSTON PROPERTIES, INC. BOSTON PROPERTIES LIMITED PARTNERSHIP Boston Properties, Inc. Delaware 04-2473675 (State or other jurisdiction of incorpo ...
Boston Properties(BXP) - 2024 Q1 - Earnings Call Presentation
2024-05-01 21:11
Q1 2024 Lease expirations - Los Angeles region in-service properties 1, 2, 3 as of March 31, 2024 OFFICE | --- | --- | --- | --- | --- | --- | --- | |------------------------------|---------------------------------------------------------|---------------------------------------------------------|------------------------------------------------------------------|---------------------|-------------------------------------------------------------------------------|-------| | Year of Lease \nExpiration | Rentab ...
Boston Properties(BXP) - 2024 Q1 - Earnings Call Transcript
2024-05-01 21:00
Boston Properties, Inc. (NYSE:BXP) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Helen Han - Vice President, Investor Relations Owen Thomas - Chairman of the Board and Chief Executive Officer Douglas Linde - President and Director Michael LaBelle - Executive Vice President, Chief Financial Officer and Treasurer Raymond Ritchey - Senior Executive Vice President Rodney Diehl - Executive Vice President of West Coast Regions Hilary Spann - Executive Vice President of New York Reg ...
Boston Properties (BXP) Q1 FFO Meet Estimates, '24 View Lowered
Zacks Investment Research· 2024-05-01 17:10
Boston Properties Inc.’s (BXP) first-quarter 2024 funds from operations (FFO) per share of $1.73 was in line with the Zacks Consensus Estimate. The reported figure remained unchanged year over year.BXP’s quarterly results reflect better-than-anticipated revenues on healthy leasing activity. However, higher interest expenses during the quarter acted as a dampener. BXP also lowered its guidance for 2024 FFO per share.Quarterly revenues from lease came in at $788.6 million, up 4.2% year over year. The Zacks Co ...
Here's What Key Metrics Tell Us About Boston Properties (BXP) Q1 Earnings
Zacks Investment Research· 2024-05-01 00:06
For the quarter ended March 2024, Boston Properties (BXP) reported revenue of $788.59 million, up 4.2% over the same period last year. EPS came in at $1.73, compared to $0.50 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $768.91 million, representing a surprise of +2.56%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.73. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...
Boston Properties (BXP) Q1 FFO Meet Estimates
Zacks Investment Research· 2024-04-30 23:31
Boston Properties (BXP) came out with quarterly funds from operations (FFO) of $1.73 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.73 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $1.81 per share when it actually produced FFO of $1.82, delivering a surprise of 0.55%.Over the last four quarters, the company has surpassed consensus FFO estimates three times.Bost ...
Boston Properties(BXP) - 2024 Q1 - Quarterly Results
2024-04-30 21:22
Annualized Rental Obligations Annualized Rental Obligations is defined as monthly Rental Obligations, as of the last day of the reporting period, multiplied by twelve (12). Average Monthly Rental Rates Average Monthly Rental Rates are calculated by the Company as the average of the quotients obtained by dividing (A) rental revenue as determined in accordance with GAAP by (B) the number of occupied units for each month within the applicable fiscal period. Debt to Market Capitalization Ratio Earnings Before I ...
Should You Buy Boston Properties (BXP) Ahead of Earnings?
Zacks Investment Research· 2024-04-26 19:01
Investors are always looking for stocks that are poised to beat at earnings season and Boston Properties Inc (BXP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Boston Propertiesis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pre ...
Key Factors to Impact Boston Properties' (BXP) Q1 Earnings
Zacks Investment Research· 2024-04-25 17:55
Boston Properties, Inc. (BXP) is slated to report first-quarter 2024 results on Apr 30, after market close. While its quarterly results are likely to reflect year-over-year growth in revenues, funds from operations (FFO) per share are expected to remain unchanged.In the last reported quarter, this office real-estate investment trust (REIT) delivered a surprise of 0.55% in terms of FFO per share. The quarterly results reflected better-than-anticipated revenues on healthy leasing activity. However, high inter ...