Here's What Key Metrics Tell Us About Boston Properties (BXP) Q3 Earnings

Core Insights - Boston Properties (BXP) reported revenue of $809.82 million for the quarter ended September 2025, reflecting a 1.3% increase year-over-year and surpassing the Zacks Consensus Estimate of $807.91 million by 0.24% [1] - The company achieved an EPS of $1.74, significantly higher than the $0.53 reported in the same quarter last year, and exceeded the consensus EPS estimate of $1.72 by 1.16% [1] Financial Performance Metrics - Occupancy rate for in-service properties was reported at 86.6%, slightly below the average estimate of 86.7% from three analysts [4] - Revenue from parking and other services was $35.39 million, exceeding the average estimate of $34.79 million and showing a year-over-year increase of 3.3% [4] - Hotel revenue was reported at $13.16 million, which fell short of the average estimate of $15.91 million, representing a year-over-year decline of 12.7% [4] - Revenue from development and management services reached $9.32 million, surpassing the average estimate of $8.47 million, with a year-over-year increase of 37.6% [4] - Lease revenue matched the reported figure of $809.82 million against the average estimate of $807.9 million, indicating a 1.3% year-over-year change [4] - The diluted net earnings per share were reported at -$0.77, significantly lower than the average estimate of $0.49 from five analysts [4] Stock Performance - Over the past month, shares of Boston Properties have returned -1.1%, contrasting with the Zacks S&P 500 composite's increase of 3.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]