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

KKR Real Estate Finance Trust

25/04/2023 24:03

* KKR Real Estate Finance Trust Inc  KREF.N  reported
quarterly
adjusted earnings of 48 cents​​ per share for the quarter ended
in March. The mean expectation of seven analysts for the quarter
was for earnings of 47 cents per share.
    * Revenue rose 14.2% to $46.55 million from a year ago;
analysts
expected $47.83 million. 
    * KKR Real Estate Finance Trust Inc's reported EPS for the
quarter
was a loss of 45 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * KKR Real Estate Finance Trust Inc shares had fallen
by 0.2% this
quarter and lost 18.6% so far this year.
    * The company reported a quarterly loss of $30.81 million.
    * Wall Street's median 12-month price target for KKR Real
Estate
Finance Trust Inc is $16.50 
    * 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 LSEG Refinitiv data
April 24 at 11:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.47           0.48           Beat
 Dec. 31 2022      0.49           0.18           Missed
 Sep. 30 2022      0.46           0.50           Beat
 Jun. 30 2022      0.42           0.48           Beat