Investing.com - Boston Properties (NYSE:BXP) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Boston Properties announced earnings per share of $1.18 on revenue of $731.06M. Analysts polled by Investing.com anticipated EPS of $0.4954 on revenue of $727.34M.
Boston Properties shares are down 0% from the beginning of the year, still down 10.74% from its 52 week high of $128.00 set on January 7. They are outperforming the S&P 500 which is down 8.6% 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 January 19, who reported EPS of $1.67 on revenue of $1.07B, compared to forecasts EPS of $0.7055 on revenue of $1.07B.
Equity Lifestyle had beat expectations on Monday with fourth quarter EPS of $0.36 on revenue of $258.28M, compared to forecast for EPS of $0.3399 on revenue of $262.7M.
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