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26.07.2016 23:24:55

Boston Properties Inc. Earnings Rise 6% In Q2

(RTTNews) - Boston Properties Inc. (BXP) revealed a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line climbed to $220.60 million, or $1.43 per share. This was up from $208.73 million, or $1.36 per share, in last year's second quarter.

Analysts had expected the company to earn $1.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.9% to $623.55 million. This was up from $618.22 million last year.

Boston Properties Inc. earnings at a glance:

-Earnings (Q2): $220.60 Mln. vs. $208.73 Mln. last year. -Earnings Growth (Y-o-Y): 5.7% -EPS (Q2): $1.43 vs. $1.36 last year. -EPS Growth (Y-o-Y): 5.1% -Analysts Estimate: $1.39 -Revenue (Q2): $623.55 Mln vs. $618.22 Mln last year. -Revenue Change (Y-o-Y): 0.9%

-Guidance: Next quarter EPS guidance: $1.40 - $1.42 Full year EPS guidance: $5.92 - $5.99

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