Boston Properties

BXP

Market cap $11.5B

BXP CEO Owen Thomas discusses how AI companies are increasing the demand for office space especially in cities like San Francisco.

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Boston Properties (BXP) and Gaming and Leisure Properties (GLPI). But which of these two stocks offers value investors a better bang for their buck right now?

I invest most of my capital in REITs. Even then, I'm bearish on a lot of them. This is a sector in which you need to be very selective to succeed.

Investors looking to put capital to work in this difficult-to-predict market certainly have plenty to consider right now.

Many REITs are bad investments. This is a sector in which you need to be very selective. I share five key lessons from over a decade of REIT investing that will help you avoid losers and improve your investment results.

U.S. equity markets posted mixed performance this week- while long-term yields jumped- after the Federal Reserve cut short-term rates for a second-straight meeting, but reigned in expectations for future cuts. Fed Chair Powell hawkishly pushed back on market expectations, saying that another cut in December was "far" from certain and highlighting "strongly differing views" within the committee. Market breadth was exceptionally narrow this past week as post-earnings gains from a handful of mega-cap technology stocks offset weekly declines from over 70% of the S&P 500 constituents.

BXP, Inc. ( BXP ) Q3 2025 Earnings Call October 29, 2025 10:00 AM EDT Company Participants Helen Han - Vice President of Investor Relations Owen Thomas - CEO & Chairman of the Board Douglas Linde - President & Director Michael LaBelle - Executive VP, Treasurer & CFO Rodney Diehl - Executive VP of West Coast Regions Hilary Spann - Executive Vice President of New York Region Bryan Koop - Executive Vice President of Boston Region Conference Call Participants Steve Sakwa - Evercore ISI Institutional Equities, Research Division Anthony Paolone - JPMorgan Chase & Co, Research Division John Kim - BMO Capital Markets Equity Research Richard Anderson - Cantor Fitzgerald & Co., Research Division Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Seth Bergey - Citigroup Inc., Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Michael Goldsmith - UBS Investment Bank, Research Division Jana Galan - BofA Securities, Research Division Floris Gerbrand Van Dijkum - Ladenburg Thalmann & Co. Inc., Research Division Ronald Kamdem - Morgan Stanley, Research Division Upal Rana - KeyBanc Capital Markets Inc., Research Division Dylan Burzinski - Green Street Advisors, LLC, Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division Brendan Lynch - Barclays Bank PLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to Q3 2025 BXP Earnings Conference Call.

BXP posts stronger-than-expected Q3 results on solid leasing gains, even as occupancy softens and 2025 FFO guidance edges higher.

Although the revenue and EPS for Boston Properties (BXP) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Boston Properties (BXP) came out with quarterly funds from operations (FFO) of $1.74 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to FFO of $1.81 per share a year ago.