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

KKR Real Estate Finance Trust

24/10/2022 22:03

* KKR Real Estate Finance Trust Inc  KREF.N  reported
quarterly
adjusted earnings of 50 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 46 cents per share.
    * Revenue rose 4% to $47.32 million from a year ago;
analysts
expected $45.68 million. 
    * KKR Real Estate Finance Trust Inc's reported EPS for the
quarter
was a loss of 70 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * KKR Real Estate Finance Trust Inc shares had risen by 3.9%
this
quarter and lost 18.9% so far this year.
    * The company reported a quarterly loss of $48.4 million.
    * Wall Street's median 12-month price target for KKR Real
Estate
Finance Trust Inc is $21.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
24 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.10           -0.05          Missed