Boston Properties Q2 FFO and Revenues Top Estimates

Earnings

โดย Zacks Investment Research·Read original

Summary · why it matters

Boston Properties reported second-quarter funds from operations of $1.78 per share, beating the Zacks Consensus Estimate of $1.71 per share by 4.09%. Revenue came in at $831.68 million, surpassing the consensus estimate by 2.36% and up from $805.93 million a year earlier. The company has now exceeded consensus FFO estimates in three of the past four quarters. Shares of the real estate investment trust have gained about 2.6% year to date, trailing the S&P 500's 8.3% advance.