Brief: Kilroy Realty Q2 Revenue USD 289.9 Million Vs. IBES Estimate USD 270.7 Million

Kilroy Realty

28/07/2025 21:08

Overview

Kilroy Realty Q2 revenue rises to $289.9 mln, beating analyst expectations

Net income for Q2 increases to $68.4 mln, EPS at $0.57

FFO for Q2 reaches $135.9 mln, up from $132.6 mln last year

Outlook

Kilroy updates full-year 2025 FFO guidance to $4.05-$4.15 per share

Company expects 2025 net income per share to be $1.44-$1.54

Kilroy sees Average full year occupancy between 80.5% and 81.5%

Company anticipates Same Property Cash Net Operating Income growth of down 1.0% to down 2.0%

Result Drivers

LEASING MOMENTUM - Kilroy executed over 400,000 square feet of leases, including new and renewal leases, driving revenue growth

CAPITAL RECYCLING - "Significant" progress in monetizing land and disposing of non-strategic operating properties, contributed to financial results

RENT DECLINE - GAAP and cash rents on leases signed decreased by 11.2% and 15.2%, respectively, reflecting market conditions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$289.90 mln
$270.70 mln (10 Analysts)
Q2 EPS
$0.57
Q2 Net Income
$68.40 mln
Q2 FFO
$135.90 mln
Q2 Dividend
$0.54


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 11 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy."

Wall Street's median 12-month price target for Kilroy Realty Corp is $35.00, about 5.9% below its July 25 closing price of $37.08

The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nBw21VtmRa

(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.)