Kite Realty Group Trust expected to post earnings of 1 cent a share - Earnings Preview

Kite Realty Trust

09/02/2024 23:22

* Kite Realty Group Trust  KRG.N   KRG  is expected to show
a rise
in quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Indianapolis Indiana-based  company is expected to
report a
0.6% increase in revenue to $205.996 million from $204.69
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. (SAL is on Property revenue/Total
Rental Income basis)
    * ​LSEG's mean analyst estimate for Kite Realty Group Trust
is for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"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 $25.00​, above​ its last closing price of $21.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.48        0.48       0.51      Beat    5.5
 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.        0.45        0.45       0.48      Beat    6.7
 30 2022                                                
 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
 This summary was machine generated February 9 at 23:22 GMT.  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)