Boston Properties (BXP) Misses Q4 EPS by 54c, Revenues Miss; Offers 1Q EPS Guidance Below Consensus

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Boston Properties Announces Fourth Quarter 2020 Results; Reports EPS of $0.05 and FFO Per Share of $1.37

January 26, 2021 4:30 PM EST

Signs 1.2 Million Square Feet of Leases in Q4 With an Average Lease Term of Eight Years

BOSTON--(BUSINESS WIRE)-- Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, reported results today for the fourth quarter and full year ended December 31, 2020.

Financial highlights for the fourth quarter include:

Net income attributable to common shareholders of $7.3 million, or $0.05 per diluted share (EPS), compared to $140.8 million, or $0.91 per diluted share,... More