---
schema_version: "secwatch.filing_event.v1"
accession: "0001656423-23-000037"
form_type: "8-K"
ticker: "BXP"
cik: "0001037540"
company_name: "BXP, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T16:38:11.079561+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BXP Q2 2023: EPS $0.66 beats guidance, FFO $1.86, revenue up 5.6% to $817M

## Summary
- Net income $104.3M ($0.66 diluted EPS) vs $223.0M ($1.42) in Q2 2022; drop driven by $96.2M lower gains on sales.
- FFO $292.8M ($1.86/share) vs $304.6M ($1.94) in Q2 2022; both EPS and FFO exceeded guidance midpoints by $0.06.
- Revenue +5.6% to $817.2M; executed ~938,000 SF of leases with 8.0-year weighted average term.
- Opened View Boston observation deck; completed 2100 Pennsylvania Ave (91% leased) and 140 Kendrick Street (100% leased).
- Issued $750M unsecured senior notes at 6.500% due 2034; entered $1.2B interest rate swaps fixing SOFR at 4.642% on term loan.

## SEC filing metadata
- accession: 0001656423-23-000037
- form_type: 8-K
- ticker: BXP
- cik: 0001037540
- company_name: BXP, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000037/0001656423-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000037/bxp-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656423-23-000037
- JSON: https://secwatch.observer/filing/0001656423-23-000037.json
- Plain text: https://secwatch.observer/filing/0001656423-23-000037.txt

## Key facts
- Earnings Releases
  BXP, Inc. reported third quarter 2023 results: EPS $0.63 - $0.65.
  - Period: third quarter 2023
  - EPS: $0.63 - $0.65
  - Result: guidance update
  source text: BXP also provided updated guidance for third quarter 2023 EPS of $0.63 - $0.65 and FFO of $1.83 - $1.85 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000037/0001656423-23-000037-index.htm
- Earnings Releases
  BXP, Inc. reported full year 2023 results: EPS $2.42 - $2.47.
  - Period: full year 2023
  - EPS: $2.42 - $2.47
  - Result: guidance update
  source text: and full year 2023 EPS of $2.42 - $2.47 and FFO of $7.24 - $7.29 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000037/0001656423-23-000037-index.htm
- Earnings Releases
  BXP, Inc. reported second quarter ended June 30, 2023 results: revenue $817.2 million, net income $104.3 million, EPS $0.66.
  - Period: second quarter ended June 30, 2023
  - Revenue: $817.2 million
  - Net income: $104.3 million
  - EPS: $0.66
  - Result: reported results
  source text: Financial highlights for the second quarter include: • Revenue increased 5.6% to $817.2 million for the quarter ended June 30, 2023, compared to $773.9 million for the quarter ended June 30, 2022. • Net income attributable to common shareholders of $104.3 million, or $0.66 per diluted share (EPS), for the quarter ended June 30, 2023, compared to $223.0 million, or $1.42 per diluted share, for the quarter ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000037/0001656423-23-000037-index.htm

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