Boston Properties Inc. Reveals 25% Advance In Q1 Profit

(RTTNews) - Boston Properties Inc. (BXP) reported earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $250.69 million, or $1.63 per share. This was up from $200.39 million, or $1.30 per share, in last year's first quarter.

Analysts had expected the company to earn $1.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.7% to $665.99 million. This was up from $618.48 million last year.

Boston Properties Inc. earnings at a glance:

-Earnings (Q1): $250.69 Mln. vs. $200.39 Mln. last year. -Earnings Growth (Y-o-Y): 25.1% -EPS (Q1): $1.63 vs. $1.30 last year. -EPS Growth (Y-o-Y): 25.4% -Analysts Estimate: $1.59 -Revenue (Q1): $665.99 Mln vs. $618.48 Mln last year. -Revenue Change (Y-o-Y): 7.7%

-Guidance: Next quarter EPS guidance: $1.36 - $1.38 Full year EPS guidance: $5.85 - $5.95