secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001656423-24-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BXP Q3: net income $83.6M ($0.53 EPS) vs loss $111.8M; revenue +4.2% to $859.2M
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- Net income $83.6M ($0.53 EPS) vs $(111.8)M ($(0.71)) YoY; FFO $286.9M ($1.81) vs $292.8M ($1.86).
- Leased 1.1M sq ft in Q3; 3.3M YTD (+25% YoY). CBD occupancy 90.1% occupied, 92.1% leased.
- Full-year 2024 guidance: EPS $2.05-$2.07, FFO $7.09-$7.11; FFO midpoint unchanged.
- Completed $850M 5.75% senior notes due 2035, net proceeds $841.9M.
- Modified Santa Monica loan to $200M, extended maturity to 2028; new $100M term loan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642324000056/0001656423-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642324000056/bxp-20241029.htm
  HTML page:      https://secwatch.observer/filing/0001656423-24-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer