Boston Properties Inc. (BXP) posted fourth quarter net income available to common shareholders of $53.3 million or $0.38 per share, compared to a loss of $98.1 million or $0.81 per share in the prior year period. Funds from operations for the quarter were $146.1 million or $1.04 per share, compared to negative funds from operations of $0.6 million or $0.01 per share in last year quarter.
On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $1.06 per share. Analysts' estimates typically exclude special items.
Funds from operations for the quarter included $0.04 per share related to non-cash impairment charges on the company's investment in its Value-Added Fund.
Total revenue for the quarter declined to $378.0 million from $390.3 million in last year quarter. Three Wall Street analysts expected revenues of $358.55 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.