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

Kennedy-Wilson Holdings

09/05/2024 21:02

* Kennedy-Wilson Holdings Inc  KW.N  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -30 cents.  The lone analyst forecast for the
quarter was for a loss of 72 cents per share. 
    * Revenue rose 3.2% to $136.40 million from a year ago;
analysts
expected $111.74 million. 
    * Kennedy-Wilson Holdings Inc's reported EPS for the quarter
was
19 cents​.
    * Kennedy-Wilson Holdings Inc shares had risen by 4.3% this
quarter and lost 27.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 111.8% 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 $7.20 
This summary was machine generated from LSEG data May 9 at 08:01
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
 Mar. 31 2024      -0.72          0.19           Beat
 Dec. 31 2023      -0.31          -1.78          Missed
 Sep. 30 2023      0.08           -0.66          Missed
 Jun. 30 2023      0.04           0.28           Beat