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

Kite Realty Trust

29/04/2025 22:49

Kite Realty Group Trust KRG.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of five analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 7 cents to 12 cents per share.

Revenue rose 6.7% to $221.34 million from a year ago; analysts expected $211.07 million.

Kite Realty Group Trust's reported EPS for the quarter was 11 cents​.

The company reported quarterly net income of $23.73 million.

Kite Realty Group Trust shares had fallen by 2.3% this quarter and lost 13.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.7% 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 5 "strong buy" or "buy," 6 "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 $28.00

This summary was machine generated from LSEG data April 29 at 09:49 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
Mar. 31 2025
0.51
0.55
Beat
Dec. 31 2024
0.53
0.53
Met
Sep. 30 2024
0.51
0.51
Met
Jun. 30 2024
0.50
0.53
Beat