---
schema_version: "secwatch.filing_event.v1"
accession: "0001656423-23-000008"
form_type: "8-K"
ticker: "BXP"
cik: "0001037540"
company_name: "BXP, Inc."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:20:08.548515+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BXP Q4 EPS $0.78 misses guidance, FFO $1.86 beats; full year 2023 FFO guidance midpoint lowered by $0.09

## Summary
- Q4 net income $121.8M ($0.78 diluted EPS) vs $184.5M ($1.18) YoY; revenue up 8% to $789.8M.
- Q4 FFO per diluted share $1.86, up from $1.55 YoY; exceeded guidance midpoint by $0.01.
- Q4 EPS missed midpoint by $0.16 mainly due to $0.29 impairment on Dock 72 (50% interest).
- Full year 2023 FFO guidance midpoint $7.13, down $0.09 from prior; Q1 FFO guidance $1.66-$1.68.
- Occupancy 88.6%, down 30bps due to in-service placements; 1.1M sf leased in Q4, 5.7M sf in 2022.

## SEC filing metadata
- accession: 0001656423-23-000008
- form_type: 8-K
- ticker: BXP
- cik: 0001037540
- company_name: BXP, Inc.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000008/0001656423-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000008/bxp-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656423-23-000008
- JSON: https://secwatch.observer/filing/0001656423-23-000008.json
- Plain text: https://secwatch.observer/filing/0001656423-23-000008.txt

## Key facts
- Earnings Releases
  BXP, Inc. reported the fourth quarter and full year ended December 31, 2022 results: revenue $789.8 million, net income $121.8 million, or $0.78 per diluted share, EPS $0.78 per diluted share.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: $789.8 million
  - Net income: $121.8 million, or $0.78 per diluted share
  - EPS: $0.78 per diluted share
  - Result: reported results
  source text: States, reported results today for the fourth quarter and full year ended December 31, 2022. Financial highlights for the fourth quarter include: • Revenue increased 8.0% to $789.8 million for the quarter ended December 31, 2022, as compared to $731.1 million for the quarter ended December 31, 2021. • Net income attributable to common shareholders of $121.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000008/0001656423-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.