WASHINGTON (dpa-AFX) - BXP Inc. (BXP) Tuesday reported third-quarter net income of $83.6 million or $0.53 per share, compared to net loss of $111.8 million or $0.71 per share last year.
Funds from Operations of $286.9 million or $1.81 per share, compared to FFO of $292.8 million or $1.86 per share last year.
Revenue increased 4.2% to $859.2 million for the quarter, compared to $824.3 million last year.
Analysts polled by Thomson Reuters expected earnings of $0.54 per share and revenues of $834.62 million.
Looking forward to full year 2024, the company expects BXP expects earnings of $2.05 - $2.07 per share and FFO of $7.09 - $7.11 per share.
Previously, the company expected full year 2024 earnings of $2.08 - $2.14 per share and FFO of $7.09 - $7.15 per share.
Analysts currently expect earnings of $2.13 per share for the year.
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