KKR Real Estate Finance Trust Inc expected to post earnings of 34 cents a share - Earnings Preview

KKR Real Estate Finance Trust

19/04/2024 22:58

* KKR Real Estate Finance Trust Inc  KREF.N   KREF.K  is
expected
to show a fall in quarterly revenue when it reports  results on
April 23 for the period ending March 31 2024
    * The New York City-based  company is expected to report a
6.2% decrease in revenue to $43.683 million from $46.55 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 34 cents 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 $10.50​, above​ its last closing price
of $9.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -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​
 Mar. 31 2023  0.46        0.47       0.48      Beat    1.8
 ​​Dec.        0.51        0.49       0.18      Missed  -63.4
 31 2022                                                
 Sep. 30 2022  0.47        0.46       0.50      Beat    7.9​
 Jun. 30 2022  0.39        0.42       0.48      Beat    14.7
 Mar. 31 2022  0.43        0.44       0.47      Beat    6.4
 This summary was machine generated April 19 at 21:58 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)