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BXP improves operating metrics as revenue and FFO per share beat estimates

Earnings Whispers +1 · ·by G4L

BXP
BXP BXP Inc
$65.01 -0.35%
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  1. 1BXP revenue of $911.43 million exceeded expectations by 8.5%.
  2. 2BXP funds from operations per share of $1.89 beat the consensus FFO per share of $1.80 by 5.0%.
  3. 3Occupancy rose for the fourth consecutive quarter, increasing by 100 basis points to 89.4%.

So what's the key point?

BXP earned more in both revenue and cash flow than experts had predicted. As performance improved, the occupancy rate for its buildings has also been rising.

Source Earnings Whispers +1 · View original ↗

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BXP records $911.4 million in Q3 revenue through asset sales and new developments CRE Daily · Oct 30Castle Hook Partners Breaks Record for New York Office Rents Bisnow · Oct 6BXP Secures $1.2 Billion Construction Loan for 343 Madison Avenue World Construction Network +1 · Jul 31
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