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Stock impact report

Boston Properties Announces First Quarter 2020 Results; Reports EPS of $3.20 and FFO Per Share of $1.83

Boston Properties, Inc. (BXP) 
Last boston properties, inc. earnings: 4/28 04:49 pm Check Earnings Report
US:NYSE Investor Relations: ir.bostonproperties.com
Company Research Source: Business Wire
Reports April Office Tenant Collections of 95% BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, reported results today for the first quarter ended March 31, 2020.Financial highlights for the first quarter include:Revenue grew 4% to $752.6 million as compared to revenue of $725.8 million for the first quarter ended March 31, 2019.Net income attributable to common shareholders was $497.5 million, or $3.20 per diluted share (EPS), compared to $98.1 million, or $0.63 per diluted share, for the quarter ended March 31, 2019, primarily due to $2.37 per diluted share from gains on asset sales in the first quarter of 2020.Funds from Operations (FFO) was $284.1 million, or $1.83 per diluted share, reflecting growth of 7% compared to FFO of $266.0 million, or $1.72 per diluted share, for the quarter ended March 31, 2019.FFO in the first quarter of $1.83 per diluted share wa Show less Read more
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