Boston Properties Q1 2021 Earnings Report
Key Takeaways
Boston Properties reported a decrease in revenue and net income for Q1 2021 compared to Q1 2020, primarily due to the impact of the COVID-19 pandemic. Revenue was $713.7 million, and net income attributable to Boston Properties, Inc. common shareholders was $91.6 million.
Revenue decreased from $752.6 million in Q1 2020 to $713.7 million in Q1 2021.
Net income attributable to Boston Properties, Inc. common shareholders decreased from $497.5 million in Q1 2020 to $91.6 million in Q1 2021.
BXP's Share of Revenue decreased by $39.6 million from $720.4 million in Q1 2020 to $680.8 million in Q1 2021.
Diluted FFO per share was $1.56.
Boston Properties
Boston Properties
Boston Properties Revenue by Segment
Forward Guidance
The Company’s guidance for the second quarter 2021 for diluted earnings per common share attributable to Boston Properties, Inc. common shareholders (EPS) and diluted funds from operations (FFO) per common share attributable to Boston Properties, Inc. common shareholders is set forth and reconciled below.
Revenue & Expenses
Visualization of income flow from segment revenue to net income