Boston Properties Q3 FFO Beats Estimates as Revenue Climbs to $911 Million
Key Facts
Boston Properties reported third-quarter funds from operations (FFO) of $1.89 per share, exceeding analyst estimates by 5%. Quarterly sales grew 4.58% to reach $911.431 million, alongside a reported net income of $114.5 million, or $0.71 per diluted share.
The company increased its full-year 2026 EPS guidance to a range of $2.35 to $2.37 and reported a 100 basis point increase in total portfolio occupancy. These results mark a recovery from a net loss of $121.7 million in the prior year's quarter, as Boston Properties continues to manage 162 properties totaling 50.6 million square feet.
Boston Properties is scheduled to host a conference call to discuss these results and earnings guidance on Wednesday, October 28, 2026. The call will provide business updates across its gateway markets, including New York, San Francisco, and Washington, DC.