Boston Properties Inc. Q4 Profit Advances 2%

(RTTNews) - Boston Properties Inc. (BXP) released earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $197.34 million, or $1.28 per share. This was up from $193.19 million, or $1.26 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.7% to $624.24 million. This was up from $613.71 million last year.

Boston Properties Inc. earnings at a glance:

-Earnings (Q4): $197.34 Mln. vs. $193.19 Mln. last year. -Earnings Growth (Y-o-Y): 2.1% -EPS (Q4): $1.28 vs. $1.26 last year. -EPS Growth (Y-o-Y): 1.6% -Analysts Estimate: $1.27 -Revenue (Q4): $624.24 Mln vs. $613.71 Mln last year. -Revenue Change (Y-o-Y): 1.7%

-Guidance: Next quarter EPS guidance: $1.59 - $1.61 Full year EPS guidance: $5.78 - $5.93