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Boston Properties Inc. (BXP) reported a profit for its second quarter that climbed from last year.


RTTNews | Jul 28, 2020 05:34PM EDT

17:33 Tuesday, July 28, 2020 (RTTNews.com) - Boston Properties Inc. (BXP) reported a profit for its second quarter that climbed from last year.

The company's earnings totaled $266.53 million, or $1.71 per share. This compares with $164.32 million, or $1.06 per share, in last year's second quarter.

Analysts had expected the company to earn $0.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 10.8% to $654.77 million from $733.74 million last year.

Boston Properties Inc. earnings at a glance:

-Earnings (Q2): $266.53 Mln. vs. $164.32 Mln. last year.-EPS (Q2): $1.71 vs. $1.06 last year.-Analysts Estimate: $0.50-Revenue (Q2): $654.77 Mln vs. $733.74 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3115209/boston-properties-inc-reveals-increase-in-q2-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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