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Boston Properties (BXP) Reports Q1 Earnings: What Key Metrics Have to Say

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For the quarter ended March 2025, Boston Properties (BXP - Free Report) reported revenue of $811.1 million, up 2.9% over the same period last year. EPS came in at $1.64, compared to $0.51 in the year-ago quarter.

The reported revenue represents a surprise of +2.56% over the Zacks Consensus Estimate of $790.85 million. With the consensus EPS estimate being $1.65, the EPS surprise was -0.61%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Boston Properties performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Occupancy % of In-Service Properties: 89.4% versus 87.4% estimated by three analysts on average.
  • Revenue- Parking and other (including insurance proceeds): $30.15 million versus the four-analyst average estimate of $34.56 million. The reported number represents a year-over-year change of -6.4%.
  • Revenue- Hotel: $9.60 million versus the four-analyst average estimate of $8.81 million. The reported number represents a year-over-year change of +17.2%.
  • Revenue- Development and management services: $9.78 million compared to the $8.13 million average estimate based on four analysts. The reported number represents a change of +58.8% year over year.
  • Revenue- Lease: $811.10 million compared to the $790.82 million average estimate based on three analysts. The reported number represents a change of +2.9% year over year.
  • Net Earnings Per Share (Diluted): $0.39 versus $0.40 estimated by six analysts on average.
View all Key Company Metrics for Boston Properties here>>>

Shares of Boston Properties have returned -1.4% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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