secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0001656423-22-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Properties beats Q4 EPS guidance; revenue up 10% to $731M; FY2022 FFO guidance $7.30-$7.45
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- Q4 EPS $1.18, FFO $1.55; exceeded midpoint of guidance by $0.05; revenue $731M (+10% YoY); net income $184.5M vs $7.3M YoY.
- Full-year 2021 EPS $3.17, FFO $6.56 per share; executed 5.1M sq ft of leases in 2021 vs 3.7M in 2020.
- Q1 2022 EPS guidance $0.67-$0.69, FFO $1.72-$1.74; full-year EPS $3.00-$3.15, FFO $7.30-$7.45.
- Redeemed $1.0B of 3.85% senior notes due 2023; recognized $0.25 per share loss from early extinguishment.
- Launched co-investment program with CPP Investments and GIC ($1.0B equity, $2.0B capacity); acquired Safeco Plaza in Seattle.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642322000010/0001656423-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642322000010/bxp-20220125.htm
  HTML page:      https://secwatch.observer/filing/0001656423-22-000010

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