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

Kite Realty Trust

13/02/2023 22:01

* Kite Realty Group Trust  KRG.N  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was for a
loss of 6 cents per share.
    * Revenue rose 25.6% to $204.69 million from a year ago;
analysts
expected $198.65 million. 
    * Kite Realty Group Trust's reported EPS for the quarter was
a
loss of 1 cent​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Kite Realty Group Trust shares had risen by 3.9% this
quarter.
    * The company reported a quarterly loss of $1.13 million.
    * Wall Street's median 12-month price target for Kite Realty
Group
Trust is $25.00 
    * 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." 

This summary was machine generated from Refinitiv data February
13 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.46           0.50           Beat
 Sep. 30 2022      0.45           0.48           Beat
 Jun. 30 2022      0.43           0.49           Beat
 Mar. 31 2022      0.42           0.46           Beat