Boston Props Q3 2024 FFO Per Share $1.81, Inline, Sales $859.23M Beat $834.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boston Properties (NYSE:BXP) reported Q3 2024 FFO per share of $1.81, meeting analyst expectations. The company's sales were $859.23 million, surpassing the $834.62 million estimate and marking a 4.24% increase from the previous year.
October 29, 2024 | 8:19 pm
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Boston Properties reported Q3 2024 FFO per share of $1.81, in line with expectations, and sales of $859.23 million, beating estimates by 2.95%. Sales increased by 4.24% year-over-year.
The inline FFO per share suggests stable performance, while the sales beat and year-over-year growth indicate positive business momentum, likely supporting a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100