Boston Properties Q4 Profit Tops Estimates - Quick Facts

(RTTNews) - Boston Properties Inc. (BXP) reported fourth-quarter net income to shareholders of $174.51 million or $1.14 per share, compared to $88.72 million or $0.58 per share, prior year. FFO per share was $1.26, compared to $1.29.

On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $1.25 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $613.71 million from $576.20 million last year. Analysts expected revenue of $587.10 million for the quarter.

The company has updated its guidance for FFO per share for full year 2015 to $5.28 - $5.43 per share from $5.22 - $5.42 per share. Analysts expect the company to report 2015 earnings per share of $5.38.

Projected FFO per Share for first-quarter is a range of $1.22 to $1.24. Analysts expect the company to report first-quarter earnings per share of $1.28.