BXP Inc reports results for the quarter ended in September 30 - Earnings Summary

BXP

30/10/2024 02:56

* BXP Inc  BXP.N  reported quarterly adjusted earnings of 53
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 65
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 54 cents per share. Wall Street expected
results to range from 43 cents to 63 cents per share.
    * Revenue rose 4.2% to $859.23 million from a year ago;
analysts
expected $834.62 million. 
    * BXP Inc's reported EPS for the quarter was 53 cents​.
    * The company reported quarterly net income of $83.63
million.
    * BXP Inc shares had risen by 8.6% this quarter and
gained 24.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 13
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for BXP Inc is 80.00 
This summary was machine generated from LSEG data October 30 at
02:56 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.81           1.81           Met
 Jun. 30 2024      1.72           1.77           Beat
 Mar. 31 2024      1.73           1.73           Met
 Dec. 31 2023      1.80           1.82           Beat