Investing.com - Boston Properties (NYSE:BXP) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Boston Properties announced earnings per share of $0.58 on revenue of $693.27M. Analysts polled by Investing.com anticipated EPS of $0.56 on revenue of $669.78M.
Boston Properties shares are down 46% from the beginning of the year and are trading at $73.74 , down-from-52-week-high.They are under-performing the S&P 500 which is up 4.95% 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 Verizon on Wednesday, October 21, 2020, who reported EPS of $1.25 on revenue of $31.5B, compared to forecasts EPS of $1.22 on revenue of $31.59B.
Netflix had missed expectations on Tuesday, October 20, 2020 with third quarter EPS of $1.74 on revenue of $6.44B, compared to forecast for EPS of $2.13 on revenue of $6.39B.
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