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

Kennedy-Wilson Holdings

08/08/2024 05:50

* Kennedy-Wilson Holdings Inc  KW.N  reported a quarterly
adjusted
loss of 43 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 28 cents.  The lone analyst forecast for the quarter was
for a loss of 55 cents per share. 
    * Revenue fell 9.9% to $132.00 million from a year ago;
analysts
expected $100.66 million. 
    * Kennedy-Wilson Holdings Inc's reported EPS for the quarter
was a
loss of 43 cents​.
    * Kennedy-Wilson Holdings Inc shares had risen by 3.5% this
quarter and lost 18.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 20.3%
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 August 8 at
04:49 a.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
 Jun. 30 2024      -0.55          -0.43          Beat
 Mar. 31 2024      -0.72          0.19           Beat
 Dec. 31 2023      -0.31          -1.78          Missed
 Sep. 30 2023      0.08           -0.66          Missed