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

KKR Real Estate Finance Trust

07/02/2023 23:21

* KKR Real Estate Finance Trust Inc  KREF.N  reported
quarterly
adjusted earnings of 18 cents​​ per share for the quarter ended
in December. The mean expectation of seven analysts for the
quarter was for earnings of 49 cents per share.
    * Revenue rose 22.3% to $51.92 million from a year ago;
analysts
expected $49.33 million. 
    * KKR Real Estate Finance Trust Inc's reported EPS for the
quarter
was 21 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * KKR Real Estate Finance Trust Inc shares had risen
by 13.0% this
quarter.
    * The company reported quarterly net income of $14.6
million.
    * Wall Street's median 12-month price target for KKR Real
Estate
Finance Trust Inc is $18.00 
    * 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." 

This summary was machine generated from Refinitiv data February
7 at 11:21 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.49           0.18           Missed
 Sep. 30 2022      0.46           0.50           Beat
 Jun. 30 2022      0.42           0.48           Beat
 Mar. 31 2022      0.44           0.47           Beat