Kennedy-Wilson Holdings Inc reports results for the quarter ended in January 1 - Earnings Summary

Kennedy-Wilson Holdings

07/11/2024 14:15

* Kennedy-Wilson Holdings Inc  KW.N  reported a quarterly
adjusted
loss of 56 cents​​ per share for the quarter ended January 1,
higher than the same quarter last year, when the company
reported EPS of -66 cents.  The lone analyst forecast for the
quarter was for a loss of 53 cents per share. 
    * Revenue fell 9.7% to $127.50 million from a year ago;
analysts
expected $97.71 million. 
    * Kennedy-Wilson Holdings Inc's reported EPS for the quarter
was a
loss of 56 cents​.
    * Kennedy-Wilson Holdings Inc shares had risen by 5.1% this
quarter and lost 6.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 29.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
rental,
development & operations peer group is  "sell."

Wall Street's median 12-month price target for Kennedy-Wilson
Holdings Inc is $8.40 
This summary was machine generated from LSEG data November 7 at
02:15 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.53          -0.56          Missed
 Jun. 30 2024      -0.55          -0.43          Beat
 Mar. 31 2024      -0.72          0.19           Beat
 Dec. 31 2023      -0.31          -1.78          Missed