Kite Realty Group Trust expected to post breakeven results a share - Earnings Preview

Kite Realty Trust

28/10/2023 03:01

* Kite Realty Group Trust  KRG.N   KRG  is expected to show
a rise
in quarterly revenue when it reports  results on October 30. 
    * The Indianapolis Indiana-based  company is expected to
report  a
1.1% increase in revenue to $202.466 million from $200.31
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kite Realty Group
Trust
is for breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 1 "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 $19.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.48        0.48       0.51      Beat    6.3
 Mar. 31 2023  0.47        0.47       0.51      Beat    7.8
 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.        0.43        0.43       0.49      Beat    13
 30 2022                                                
 Mar. 31 2022  0.42        0.42       0.46      Beat    10.6​
 Dec. 31 2021  0.37        0.36       0.43      Beat    18
 Sep. 30 2021  0.33        0.33       0.33      Met     0.4
 This summary was machine generated October 28 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated