Boston Properties (BXP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Boston Properties (BXP) reported revenue of $809.15 million for the quarter ended December 2025, reflecting a year-over-year increase of 1.4% but a revenue surprise of -0.68% compared to the Zacks Consensus Estimate of $814.66 million [1] - The company's EPS was $1.56, significantly higher than the $0.49 reported in the same quarter last year, but fell short of the consensus estimate of $1.80, resulting in an EPS surprise of -13.52% [1] Financial Performance Metrics - The occupancy rate of in-service properties was reported at 86.7%, slightly exceeding the average estimate of 86.3% from three analysts [4] - Revenue from parking and other services, including insurance proceeds, was $42.88 million, surpassing the average estimate of $35.1 million from five analysts, marking a year-over-year increase of 25.9% [4] - Revenue from development and management services was $8.64 million, slightly below the average estimate of $9.04 million from five analysts, representing a year-over-year decrease of 1.6% [4] - Hotel revenue was reported at $12.46 million, which was lower than the average estimate of $13.71 million from four analysts, indicating a year-over-year decline of 5.2% [4] - The lease revenue of $809.15 million was compared to the average estimate of $814.61 million based on four analysts, showing a year-over-year increase of 1.4% [4] - The diluted net earnings per share were reported at $1.56, significantly higher than the average estimate of $0.59 from five analysts [4] Stock Performance - Over the past month, shares of Boston Properties have returned -6.1%, contrasting with a +0.4% change in the Zacks S&P 500 composite [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]