Investing.com - Boston Properties (NYSE:BXP) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Boston Properties announced earnings per share of $0.91 on revenue of $754.31M. Analysts polled by Investing.com anticipated EPS of $0.63 on revenue of $723.33M.
Boston Properties shares are up 1% from the beginning of the year, still down 11.92% from its 52 week high of $133.11 set on March 29. They are outperforming the S&P 500 which is down 12.82% from the start of the year.
Boston Properties follows other major Real Estate sector earnings this month
Boston Properties's report follows an earnings beat by Prologis on April 19, who reported EPS of $1.54 on revenue of $1.08B, compared to forecasts EPS of $0.6806 on revenue of $1.08B.
American Tower had beat expectations on April 27 with first quarter EPS of $1.56 on revenue of $2.6B, compared to forecast for EPS of $1.11 on revenue of $2.6B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar