Boston Properties (BXP) Q4 FFO and Revenues Lag Estimates

Boston Properties (BXP) came out with quarterly funds from operations (FFO) of $1.56 per share, missing the Zacks Consensus Estimate of $1.8 per share. This compares to FFO of $1.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -13.52%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.72 per share when it actually produced FFO of $1.74, delivering a surprise of +1.16%.Over the last four q ...