Tuesday, Boston Properties Inc. (BXP) reported third-quarter funds from operations or FFO of $158.5 million or $1.13 per share, compared FFO of $132.5 million or $1.09 per share in the same quarter last year.
Net income available to common shareholders was $65.8 million or $0.47 per share, compared to net income of $43.1 million or $0.35 per share in the year ago quarter.
On average, 17 analysts polled by Thomson Reuters expected the company to earn $1.10 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue for the quarter was $377.3 million, up from $357.9 million in the comparable quarter last year. Analysts expected the company to report revenue of $353.47 million for the quarter.
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