Boston Properties Inc. (NYSE:BXP) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Boston Properties Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 5.36% to $1.06 in the quarter versus EPS of $1.12 in the year-earlier quarter.
Revenue: Rose 4.79% to $483.01 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Boston Properties Inc. reported adjusted EPS income of $1.06 per share. By that measure, the company missed the mean analyst estimate of $1.21. It beat the average revenue estimate of $470.03 million.
Quoting Management: There was no comment from management.
Key Stats (on next page)…