Investing.com - Boston Properties reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Boston Properties announced earnings per share of $0.69 on revenue of $730.1M. Analysts polled by Investing.com anticipated EPS of $0.6153 on revenue of $710.24M.
Boston Properties shares are up 25% from the beginning of the year and are trading at $118.69 , down-from-52-week-high.They are outperforming the S&P 500 which is up 21.8% 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 $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on October 19 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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