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 ...

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) 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 ...

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 ...

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 ...

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 ...

Commercial real estate is in dire straits. Skeptics don’t have to look further than “The Monthly Dividend Company,” Realty Income (NYSE:O), a perennial favorite among income and REIT investors for proof. Shares in the top commercial real estate stock are down more than 11% since Jan. 1st with limited upside in sight. The reasons run the gamut you’re no doubt familiar with — higher rates, work-from-home permanency, sluggish consumer sentiment and more.But Realty Income isn’t the only commercial real estate s ...

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2024 to March 31, 2024, payable on April 30, 2024 to shareholders of record as of the close of business on March 28, 2024. BXP (NYSE: BXP) is the largest publicly traded developer, owner, and manager ...

Boston Properties (BXP) boasts a portfolio of Class A office assets in a few select markets of the United States. Although the overall demand for office spaces in some markets is likely to be subdued in the near term, healthy tenant demand for premier office assets and the company’s ability to offer such spaces will likely drive decent leasing activity and help it tide over near-term challenges.With the pandemic’s impacts waning, the return-to-office policies implemented by many companies, coupled with a re ...

When it comes to real estate investment trusts (REITs), one company stands out for its innovative approach to office spaces and its potential for growth. As the workplace continues to evolve, driven by technological advancements and shifting employee preferences, this particular office REIT is at the forefront of redefining workplace environments to meet the demands of the modern workforce. Let’s explore how this REIT is reshaping the office space paradigm and why investors should take note of its forward-t ...