Kilroy Realty Corp reports results for the quarter ended in December - Earnings Summary

Kilroy Realty

05/02/2024 22:53

* Kilroy Realty Corp  KRC.N  reported quarterly adjusted
earnings
of 40 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 45 cents.  The mean expectation of five analysts for the
quarter was for earnings of 38 cents per share. Wall Street
expected results to range from 36 cents to 42 cents per share.
    * Revenue fell 5.7% to $265.64 million from a year ago;
analysts
expected $284.09 million. 
    * Kilroy Realty Corp's reported EPS for the quarter was 40
cents​.
    * The company reported quarterly net income of $47.28
million.
    * Kilroy Realty Corp shares had fallen by 12.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
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 6 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for Kilroy Realty
Corp is $42.00 
This summary was machine generated from LSEG data February 5 at
10:52 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
 Dec. 31 2023      1.05           1.08           Beat
 Sep. 30 2023      1.07           1.12           Beat
 Jun. 30 2023      1.11           1.19           Beat
 Mar. 31 2023      1.17           1.22           Beat