Boston Props Q3 FFO Per Share $1.86 Down From $1.91 YoY, Sales $824.28M Beat $810.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boston Properties (BXP) reported a Q3 FFO per share of $1.86, down 2.62% from $1.91 YoY. However, the company's quarterly sales of $824.28M beat the analyst consensus estimate of $810.45M by 1.71%, marking a 4.27% increase over sales of $790.52M from the same period last year.

November 01, 2023 | 8:39 pm
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NEUTRAL IMPACT
Boston Properties' Q3 FFO per share decreased by 2.62% YoY, but its sales surpassed estimates by 1.71%.
While Boston Properties' FFO per share has decreased YoY, the company's sales have exceeded analyst estimates. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100