KKR Real Estate Finance Trust Inc reports results for the quarter ended December 31 - Earnings Summary

KKR Real Estate Finance Trust

03/02/2025 22:52

* KKR Real Estate Finance Trust Inc  KREF.N  reported a
quarterly
adjusted loss of 21 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of -37 cents.  The mean expectation of
six analysts for the quarter was for a loss of 6 cents per
share. Wall Street expected results to range from -24 cents
to 27 cents per share.
    * Revenue fell 24.4% to $35.13 million from a year ago;
analysts
expected $35.02 million. 
    * KKR Real Estate Finance Trust Inc's reported EPS for the
quarter
was 21 cents​.
    * The company reported quarterly net income of $14.58
million.
    * KKR Real Estate Finance Trust Inc shares had fallen
by 1.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 175.5% in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for KKR Real Estate
Finance Trust Inc is $13.00 
This summary was machine generated from LSEG data February 3 at
10:52 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
 Dec. 31 2024      -0.06          -0.21          Missed
 Sep. 30 2024      0.34           0.37           Beat
 Jun. 30 2024      -1.67          -1.57          Beat
 Mar. 31 2024      0.34           0.39           Beat