Boston Properties (BXP) Q4 FFO Misses Estimates, Shares Down 13% Over 12 Months

Boston Properties Inc. (BXP) reported Q4 funds from operations (FFO) of $1.76 per share, missing the Zacks consensus estimate of $1.80 per share. The REIT posted quarterly revenue of $877.1 million, with adjusted revenue of $809.2 million falling short of analysts' $814.7 million expectation. The company reported net income of $248.5 million ($1.56 per share) for the quarter. For full-year 2025, BXP generated FFO of $6.85 per share and revenue of $3.48 billion. The company projects 2026 FFO between $6.88 and $7.04 per share. BXP shares closed at $65.22 on January 27, 2026, representing a 13% decline over the past 12 months, underperforming the S&P 500's 2% gain during the same period.