Kennedy Wilson posts Q3 net loss

Kennedy-Wilson Holdings

05/11/2025 21:37

Overview

Kennedy Wilson Q3 adjusted EBITDA beats analyst expectations, indicating improved operational performance

Company reports GAAP net loss of $21.2 mln, reduced from $77.4 mln in Q3-24

Outlook

Kennedy Wilson to acquire Toll Brothers Apartment Living, deal pending, expects to add $5 bln in AUM

Result Drivers

ASSET SALES - Generated $192 mln in cash from asset sales and recapitalizations in Q3-25, exceeding annual target

INVESTMENT MANAGEMENT FEES - Increased 8% due to higher Fee-Bearing Capital and loan originations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
-$0.15
Q3 Adjusted Net Income
$18 mln
Q3 Adjusted EBITDA
Beat
$125.2 mln
$100.3 mln (1 Analyst)

Analyst Coverage

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 "buy."

Wall Street's median 12-month price target for Kennedy-Wilson Holdings Inc is $8.35, about 10.5% above its November 4 closing price of $7.47

Press Release: ID:nBw6NdBFSa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)