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KRG — Kite Realty Trust News Story

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Kite Realty Group Trust reports results for the quarter ended December 31 - Earnings Summary

* Kite Realty Group Trust  KRG.N  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 4 cents.  The mean expectation of five analysts
for the quarter was for earnings of 10 cents per share. Wall
Street expected results to range from 8 cents to 11 cents per
share.
    * Revenue rose 7.2% to $214.72 million from a year ago;
analysts
expected $208.50 million. 
    * Kite Realty Group Trust's reported EPS for the quarter was
10
cents​.
    * The company reported quarterly net income of $21.82
million.
    * Kite Realty Group Trust shares had fallen by 8.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Kite Realty Group
Trust is $31.00 
This summary was machine generated from LSEG data February 11 at
11:53 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.53           0.53           Met
 Sep. 30 2024      0.51           0.51           Met
 Jun. 30 2024      0.50           0.53           Beat
 Mar. 31 2024      0.50           0.50           Met

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