secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001656423-21-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Properties Q3 EPS $0.69 (+19% YoY), FFO $1.73; guides FY22 FFO $7.25-7.45
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- Revenue $730.1M (+5.3% YoY); Net income $108.3M vs $89.9M in Q3 2020.
- FFO per diluted share $1.73, $0.04 above midpoint guidance; EPS $0.69, $0.60 below midpoint due to Spring Street sale deferral.
- Acquired Safeco Plaza in Seattle (~$465M, one-third interest), entering 6th market; acquired Shady Grove Bio+Tech Campus for ~$116.5M.
- Leased 1.4M sq ft in Q3; issued $850M green bonds at 2.45% due 2033; redeemed $1B 3.85% notes; expects $0.25 charge in Q4.
- Full year 2021 guidance: EPS $3.11-$3.13, FFO $6.50-$6.52; FY22 guidance: EPS $2.97-$3.17, FFO $7.25-$7.45.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642321000030/0001656423-21-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642321000030/bxp-20211026.htm
  HTML page:      https://secwatch.observer/filing/0001656423-21-000030

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