BXP Q2 beat: EPS $0.56, revenue up 2.1%; boosts full-year guidance; announces 343 Madison Ave development

BXP, Inc.

2025-Q2 EPS reported $0.95 revenue$1,733,672,000

Revenue $868.5M (+2.1% YoY); net income $89.0M, EPS $0.56 vs $0.51 YoY; both beat guidance.
FFO $1.71/diluted share (down from $1.77); exceeded guidance by $0.05; full-year FFO guidance raised $0.02 midpoint.
Leased 1.1M SF in Q2; CBD portfolio 89.9% occupied, 92.5% leased; total occupancy 86.4% due to known exp.
343 Madison Ave NYC (930k SF, 46 stories); buying partner's 45% for ~$43.5M; LOI for 30%.
17 Hartwell Ave sale $21.8M (gain $18.4M); retains 20% in residential redevelopment; $98.7M loan at 6.75%.

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