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

Kite Realty Trust

27/07/2024 24:14

* Kite Realty Group Trust  KRG.N   KRG  is expected to show
a fall
in quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Indianapolis Indiana-based  company is expected to
report a
0.6% decrease in revenue to $207.534 million from $208.76
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (SAL represents Rental/ Property
Revenue)
    * ​LSEG's mean analyst estimate for Kite Realty Group Trust
is for
earnings of 6 cents 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 $25.00​, above​ its last closing price of $24.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.50        0.50       0.50      Met     -0.1
 Dec. 31 2024  0.49        0.49       0.50      Beat    2.2
 Sep. 30 2023  0.48        0.48       0.51      Beat    5.5​
 Jan. 1 0001   0.48        0.48       0.51      Beat    6.3
 ​​Mar.        0.47        0.47       0.51      Beat    7.8
 31 2023                                                
 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
 This summary was machine generated July 26 at 23:14 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)