Boston Properties (BXP) Surpasses This autumn FFO and Income Estimates

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Boston Properties (BXP) Surpasses This autumn FFO and Income Estimates

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Boston Properties (BXP) got here out with quarterly funds from operations (FFO) of $1.87 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to FFO of $1.59 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an FFO shock of 1.08%. 1 / 4 in the past, it was anticipated that this actual property funding belief would publish FFO of $1.62 per share when it really produced FFO of $1.64, delivering a shock of 1.23%.

During the last 4 quarters, the corporate has surpassed consensus FFO estimates 4 instances.

Boston Properties, which belongs to the Zacks REIT and Fairness Belief – Different business, posted revenues of $706.35 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 1.32%. This compares to year-ago revenues of $651.17 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.



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