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Here's What Key Metrics Tell Us About Boston Properties (BXP) Q3 Earnings

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For the quarter ended September 2026, Boston Properties (BXP - Free Report) reported revenue of $846.16 million, up 4.5% over the same period last year. EPS came in at $1.89, compared to -$0.77 in the year-ago quarter.

The reported revenue represents a surprise of +0.74% over the Zacks Consensus Estimate of $839.92 million. With the consensus EPS estimate being $1.80, the EPS surprise was +5%.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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 the three-analyst average estimate of 89%.
  • Revenue- Parking and other: $36.89 million versus $36.8 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.2% change.
  • Revenue- Hotel: $13.22 million versus the two-analyst average estimate of $13.1 million. The reported number represents a year-over-year change of +0.4%.
  • Revenue- Development and management services: $9.79 million versus the two-analyst average estimate of $7.8 million. The reported number represents a year-over-year change of +5.1%.
  • Net Earnings Per Share (Diluted): $0.71 compared to the $0.53 average estimate based on three analysts.

View all Key Company Metrics for Boston Properties here>>>

Shares of Boston Properties have returned -0.3% 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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