KKR Real Estate Finance Trust Inc expected to post earnings of 22  cents a share - Earnings Preview

KKR Real Estate Finance Trust

20/10/2023 21:24

* KKR Real Estate Finance Trust Inc  KREF.N   KREF.K  is
expected
to show a fall in quarterly revenue when it reports  results on
October 23. 
    * The New York City-based  company is expected to report  a
9.3% decrease in revenue to $42.9 million from $47.32 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for KKR Real Estate
Finance
Trust Inc is for earnings of 22 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​, above​ its last closing price
of $10.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.47        0.46       0.50      Beat    7.9
 ​​Jun.        0.39        0.42       0.48      Beat    14.7
 30 2022                                                
 Mar. 31 2022  0.43        0.44       0.47      Beat    6.4​
 Dec. 31 2021  -0.02       0.10       -0.05     Missed  -152.1
 Sep. 30 2021  0.49        0.48       0.62      Beat    28.3
 This summary was machine generated October 20 at 20:24 GMT.  All
figures in US dollars  unless otherwise stated