Boston Properties Inc expected to post earnings of 50 cents a share - Earnings Preview

BXP

26/04/2024 23:02

* Boston Properties Inc  BXP.N   BXP  is expected to show a
rise
in quarterly revenue when it reports  results on April 30 for
the period ending March 31 2024
    * The Boston Massachusetts-based  company is expected to
report a
0.7% increase in revenue to $808.618 million from $803.2 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data. (Revenue consensus is on Total Revenue
basis)
    * ​LSEG's mean analyst estimate for Boston Properties Inc is
for
earnings of 50 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 14
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Boston
Properties
Inc is $73.00​, above​ its last closing price of $61.51. ​​​

The company's guidance on January 30 2024 for the period ended
March 31 was for Funds Flow from Operations between USD1.72 and
USD1.74.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.79        1.80       1.82      Beat    0.9
 Sep. 30 2023  1.84        1.84       1.86      Beat    0.9
 Jun. 30 2023  1.80        1.80       1.86      Beat    3.5​
 Mar. 31 2023  1.68        1.68       1.73      Beat    2.9
 ​​Dec.        1.84        1.84       1.86      Beat    1.1
 31 2022                                                
 Sep. 30 2022  1.87        1.87       1.91      Beat    2.1​
 Jun. 30 2022  1.85        1.85       1.94      Beat    4.7
 Mar. 31 2022  1.74        1.74       1.82      Beat    4.4
 This summary was machine generated April 26 at 22:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)