Investing.com - Boston Properties (NYSE:BXP) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Boston Properties announced earnings per share of $0.63 on revenue of $713.7M. Analysts polled by Investing.com anticipated EPS of $0.5705 on revenue of $685.93M.
Boston Properties shares are up 12% from the beginning of the year and are trading at $108.10 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.47% 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 $1.38 on revenue of $5.7B, compared to forecasts EPS of $1.27 on revenue of $5.56B.
Verizon had beat expectations on Wednesday, April 21, 2021 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.
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