BXP (BXP) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.65
- Estimate
- $0.52
- Surprise
- +24.1%
- Score at report (before → after)
- 4.9 → 5.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
BXP (BXP) beat the $0.52 estimate with adjusted EPS of $0.65 — a large 24.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.9/10) to Sell at 5.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BXP Sell at 5.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +24.1% surprise compares with a +42.8% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Geographic: six gateway markets
- Concentration risk — Property Type: premier workplace buildings
- Thin upside margin: 8.3%
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $60.89
- Price target
- $65.97
- Stop
- $57.59
- Upside to target
- +8.3%
- Reward-to-risk
- 1.4:1
At 32.7× trailing and 29.2× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.
BXP at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Office
- Market cap
- $11.01B
- P/E (fwd)
- 29.2
- P/E (ttm)
- 32.7
- 52-week range
- $49.72–$74.94
- Off 52-week high
- 18.7%
- RSI (14)
- 55
- Volume vs avg
- 0.97×
- Score today
- 5.1/10