Boston Properties Earnings Preview: Get Ahead of the Analysts
Boston Properties (NYSE:BXP) will report earnings after markets close on Tuesday, April 30th. Boston Properties, Inc. is a real estate investment trust. The trust owns, manages, and develops office properties in the United States, with a significant presence in Boston, Washington, D.C., Midtown Manhattan and San Francisco.
Here is your Cheat Sheet to Boston Properties Earnings:
Earnings Expectations: Analysts expect earnings of $1.21 per share on revenues of $469.48 million. Currently, the company’s P/E ratio stands at 56.35.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.29 and has not changed. For the current year, the average estimate is a profit of $5.17, which is the same as the estimate ninety days ago.
Here’s how Boston Properties has been performing on an annual basis:
|Revenue ($) in millions||1,488||1,518||1,543||1,751||1,876|
|Diluted EPS ($)||0.87||1.76||1.14||1.86||1.92|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||452.47||447.66||472.90||470.90||487.24|
|Diluted EPS ($)||0.6846||0.43||0.79||0.38||0.3182|
Boston Properties has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)