BXP Earnings Predictions — 2026-07-28

Ticker Report or Guide KPI Prediction Answer Confidence
BXP Report FFO per share (Q2'26) BEAT pred ~$1.72 vs. cons $1.70 MEDIUM
BXP Report Total in-service occupancy IN-LINE pred ~88.0% vs. cons 87.9% MEDIUM
BXP Report Same-property NOI (GAAP, BXP share, YoY) IN-LINE pred ~+1.9% vs. cons +2.0% LOW
BXP Guide FY2026 FFO/share guide (midpoint) BETTER guide ~$6.99 vs. cons $6.97 (FY2026) MEDIUM
BXP Guide Year-end 2026 occupancy target UNCHANGED guide ~89% vs. cons 89% (YE2026) MEDIUM
BXP Guide FY2026 leasing volume floor UNCHANGED guide ~4.0M sq ft vs. cons 4.0M (FY2026) MEDIUM
BXP Guide 343 Madison recap/pre-leasing progress BETTER guide ~35% committed vs. 29% prior (2026 recap) LOW
BXP Guide FY2026 net interest expense assumption LOWER guide ~+$5M higher vs. cons flat (FY2026) LOW
BXP Return Day-1 residual (stock − beta × S&P 500) +1.0% LOW
BXP Return 5-day cumulative residual +0.3% (FADE) Likely modest beat-and-raise (occupancy inflection, +$0.02 FFO habit) drives a small day-1 pop, but the print is flat-to-down FFO YoY leaning on lumpy termination income with a creeping interest-expense headwind, so out-period math implies little/no upward forward-estimate revision. After a ~36% rally off the April lows and ~17% since the Q1 print, expectations are elevated and the good news is largely priced, so an initial gain tends to fade back toward flat over the week barring a concrete 343 Madison JV/recap announcement. LOW