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

Kennedy-Wilson Holdings

02/11/2023 24:12

* Kennedy-Wilson Holdings Inc  KW.N  reported a quarterly
adjusted
loss of 66 cents​​ per share for the quarter ended in September,
lower than the same quarter last year, when the company reported
EPS of 12 cents.  The lone analyst forecast for the quarter was
for earnings of 8 cents per share. 
    * Revenue rose 1.1% to $141.20 million from a year ago;
analysts
expected $130.88 million. 
    * Kennedy-Wilson Holdings Inc's reported EPS for the quarter
was a
loss of 66 cents​.
    * The company reported a quarterly loss of $92.2 million.
    * Kennedy-Wilson Holdings Inc shares had fallen by 12.7%
this
quarter and lost 18.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 60% 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," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
rental,
development & operations peer group is also "hold"

Wall Street's median 12-month price target for Kennedy-Wilson
Holdings Inc is $18.00 
This summary was machine generated from LSEG data November 2 at
12:12 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.08           -0.66          Missed
 Jun. 30 2023      0.04           0.28           Beat
 Mar. 31 2023      0.09           -0.30          Missed
 Dec. 31 2022      0.07           0.16           Beat