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

Kite Realty Trust

01/05/2023 23:42

* Kite Realty Group Trust  KRG.N  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was for a
loss of 3 cents per share.
    * Revenue rose 6.4% to $206.75 million from a year ago;
analysts
expected $200.78 million. 
    * Kite Realty Group Trust's reported EPS for the quarter was
2
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
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 fallen by 1.0% this
quarter and lost 1.6% so far this year.
    * The company reported quarterly net income of $5.39
million.
    * Wall Street's median 12-month price target for Kite Realty
Group
Trust is $26.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
1 at 10:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.47           0.51           Beat
 Dec. 31 2022      0.46           0.50           Beat
 Sep. 30 2022      0.45           0.48           Beat
 Jun. 30 2022      0.43           0.49           Beat