KKR Real Estate Finance Trust Inc expected to post earnings of 11 cents a share - Earnings Preview

KKR Real Estate Finance Trust

02/02/2024 21:21

* KKR Real Estate Finance Trust Inc  KREF.N   KREF.K  is
expected
to show a fall in quarterly revenue when it reports  results on
February 6 for the period ending December 31 2023
    * The New York City-based  company is expected to report a
10.8% decrease in revenue to $46.287 million from $51.92 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for KKR Real Estate Finance
Trust
Inc is for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $13.00​, above​ its last closing price
of $12.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.23        0.22       0.25      Beat    12.8
 Jun. 30 2023  0.28        0.26       0.48      Beat    87.1
 Mar. 31 2023  0.46        0.47       0.48      Beat    1.8​
 Dec. 31 2022  0.51        0.49       0.18      Missed  -63.4
 ​​Sep.        0.47        0.46       0.50      Beat    7.9
 30 2022                                                
 Jun. 30 2022  0.39        0.42       0.48      Beat    14.7​
 Mar. 31 2022  0.43        0.44       0.47      Beat    6.4
 Dec. 31 2021  -0.02       0.10       -0.05     Missed  -152.1
 This summary was machine generated February 2 at 21:21 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)