Boston Properties (BXP) Q1 FFO Meet Estimates, '24 View Lowered

Published on 1 May 2024 on Zacks via Yahoo Finance

Boston Properties (BXP) Q1 FFO Meet Estimates, '24 View Lowered

Boston Properties Inc.’s BXP first-quarter 2024 funds from operations (FFO) per share of $1.73 was in line with the Zacks Consensus Estimate. The reported figure remained unchanged year over year.

BXP’s quarterly results reflect better-than-anticipated revenues on healthy leasing activity. However, higher interest expenses during the quarter acted as a dampener. BXP also lowered its guidance for 2024 FFO per share.

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Boston Properties (BXP) Q1 FFO Meet Estimates, '24 View Lowered

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