Boston Properties (BXP) Misses Q1 FFO Estimates

Boston Properties (BXP) came out with quarterly funds from operations (FFO) of $1.64 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to FFO of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.61%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.79 per share when it actually produced FFO of $1.79, delivering no surprise.Over the last four quarters, ...