Kite Realty Group Trust expected to post a loss of 6 cents a share - Earnings Preview

Kite Realty Trust

11/02/2023 03:01

* Kite Realty Group Trust  KRG.N   KRG  is expected to show
a rise
in quarterly revenue when it reports  results on February 13. 
    * The Indianapolis Indiana-based  company is expected to
report  a
21.9% increase in revenue to $198.646 million from $162.95
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kite Realty Group
Trust
is for a loss of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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 $21.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.37        0.36       0.43      Beat    18
 ​​Sep.        0.33        0.33       0.33      Met     0.4
 30 2021                                                
 Jun. 30 2021  0.32        0.32       0.34      Beat    5.2​
 Mar. 31 2021  0.32        0.32       0.34      Beat    6.2
 Dec. 31 2020  0.30        0.31       0.33      Beat    7.7
 This summary was machine generated February 11 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated