Investing.com - Boston Properties (NYSE:BXP) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Boston Properties announced earnings per share of $1.71 on revenue of $654.77M. Analysts polled by Investing.com anticipated EPS of $0.57 on revenue of $725.1M.
Boston Properties shares are down 33% from the beginning of the year and are trading at $91.13 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.38% from the start of the year.
Boston Properties follows other major Services sector earnings this month
Boston Properties's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.06 on revenue of $4.84B, compared to forecasts EPS of $1.03 on revenue of $4.82B.
Verizon had beat expectations on Friday with second quarter EPS of $1.18 on revenue of $30.45B, compared to forecast for EPS of $1.15 on revenue of $29.92B.
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