Kite Realty Group Trust expected to post a loss of 3 cents a share - Earnings Preview

Kite Realty Trust

29/04/2023 01:57

* Kite Realty Group Trust  KRG.N   KRG  is expected to show
a rise
in quarterly revenue when it reports  results on May 1. 
    * The Indianapolis Indiana-based  company is expected to
report  a
3.3% increase in revenue to $200.737 million from $194.39
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 3 cents 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 had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Kite Realty
Group
Trust is $26​, above​ its last closing price of $20.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.46        0.46       0.50      Beat    8.6
 Sep. 30 2022  0.45        0.45       0.48      Beat    6.7
 Jun. 30 2022  0.43        0.43       0.49      Beat    13​
 Mar. 31 2022  0.42        0.42       0.46      Beat    10.6
 ​​Dec.        0.37        0.36       0.43      Beat    18
 31 2021                                                
 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. 31 2021  0.32        0.32       0.34      Beat    6.2
 This summary was machine generated April 29 at 00:57 GMT.  All
figures in US dollars  unless otherwise stated