BXP Inc reports results for the quarter ended March 31 - Earnings Summary

• BXP Inc BXP.N reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of eight analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 27 cents to 50 cents per share.

• Revenue rose 3.1% to $865.22 million from a year ago; analysts expected $839.73 million.

• BXP Inc's reported EPS for the quarter was 39 cents​.

• The company reported quarterly net income of $61.18 million.

• BXP Inc shares had fallen by 1.4% this quarter and lost 10.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 12 "hold" and 2 "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 $79.00

This summary was machine generated from LSEG data April 29 at 09:51 p.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)