Boston Properties Updates Earnings Guidance - Quick Facts

(RTTNews) - Boston Properties, Inc. (BXP), a real estate investment trust, has updated its projected EPS for the full year 2016 to $3.04 - $3.11 per share from $3.00 - $3.10 per share. In addition, the company has updated its projected guidance for FFO per share for the full year 2016 to $5.92 - $5.99 per share from $5.85 - $5.95 per share. Analysts polled by Thomson Reuters expect the company to report profit per share of $5.94. Analysts' estimates typically exclude special items.

Net income available to common shareholders per share for the quarter ended June 30, 2016 was $0.63 on a diluted basis compared to $0.52, prior year. FFO were $220.6 million, or $1.43 per share compared to $208.7 million, or $1.36 per share, last year.