Kite Realty Group Trust expected to post a loss of 11  cents a share - Earnings Preview

Kite Realty Trust

29/07/2022 21:40

* Kite Realty Group Trust  KRG.N   KRG  is expected to show
a rise
in quarterly revenue when it reports  results on August 2. 
    * The Indianapolis Indiana-based  company is expected to
report  a
174.7% increase in revenue to $191.012 million from $69.53
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kite Realty Group
Trust
is for a loss of 11 cents per share. For the same quarter last
year, the company reported earnings of 1 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kite Realty
Group
Trust is $25​, above​ its last closing price of $19.79. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.42        0.42       0.46      Beat    10.6
 Dec. 31 2022  0.37        0.36       0.43      Beat    18
 Sep. 30 2021  0.33        0.33       0.33      Met     0.4​
 Jun. 30 2021  0.32        0.32       0.34      Beat    5.2
 ​​Mar.        0.32        0.32       0.34      Beat    6.2
 31 2021                                                
 Dec. 31 2020  0.30        0.31       0.33      Beat    7.7​
 Sep. 30 2020  0.32        0.32       0.30      Missed  -5.4
 Jun. 30 2020  0.29        0.29       0.30      Beat    2.3
 This summary was machine generated July 29 at 20:39 GMT.  All
figures in US dollars  unless otherwise stated