Boston Properties Announces Second Quarter 2019 Results; Reports EPS of $1.06 and FFO Per Share Of $1.78

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Boston Properties (BXP) Tops Q2 EPS by 31c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus, Affirms Q3 EPS Guidance Above Consensus

July 30, 2019 4:55 PM EDT

Boston Properties (NYSE: BXP) reported Q2 EPS of $1.06, $0.31 better than the analyst estimate of $0.75. Revenue for the quarter came in at $733.7 million versus the consensus estimate of $728.31 million.

GUIDANCE:

Boston Properties sees Q3 2019 EPS of $0.81-$0.83, versus the consensus of $0.75.

Boston Properties sees FY2019 EPS of $3.32-$3.38, versus the consensus of $2.98.

EPS and FFO per Share Guidance:
The Companys guidance for the third quarter and full year 2019 for EPS (diluted) and FFO per share (diluted) is set forth and reconciled below. Except as described below, the estimates... More