KKR Real Estate Finance Trust Inc expected to post a loss of $1.67 a share - Earnings Preview

KKR Real Estate Finance Trust

19/07/2024 21:25

* KKR Real Estate Finance Trust Inc  KREF.N   KREF.K  is
expected
to show a fall in quarterly revenue when it reports  results on
July 22 for the period ending June 30 2024
    * The New York City-based  company is expected to report a
16.2% decrease in revenue to $36.82 million from $43.95 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for KKR Real Estate Finance
Trust
Inc is for a loss of $1.67 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "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 KKR Real
Estate
Finance Trust Inc is $11.50​, above​ its last closing price
of $9.96. ​​​

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  0.31        0.34       0.39      Beat    13.6
 Dec. 31 2024  -0.09       0.11       -0.37     Missed  -431.8
 Sep. 30 2023  0.23        0.22       0.25      Beat    12.8​
 Jun. 30 2023  0.28        0.26       0.48      Beat    87.1
 ​​Jan.        0.46        0.47       0.48      Beat    1.8
 1 0001                                                 
 Dec. 31 2022  0.51        0.49       0.18      Missed  -63.4​
 Sep. 30 2022  0.47        0.46       0.50      Beat    7.9
 Jun. 30 2022  0.39        0.42       0.48      Beat    14.7
 This summary was machine generated July 19 at 20:25 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)