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

KKR Real Estate Finance Trust

23/10/2023 23:35

* KKR Real Estate Finance Trust Inc  KREF.N  reported
quarterly
adjusted earnings of 25 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 22 cents per share.
    * Revenue fell 5.7% to $44.61 million from a year ago;
analysts
expected $42.90 million. 
    * KKR Real Estate Finance Trust Inc's reported EPS for the
quarter
was 31 cents​.
    * The mean earnings estimate of analysts had fallen by
about 40.8%
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 fallen
by 11.9%
this quarter and lost 25.1% so far this year.
    * The company reported quarterly net income of $21.4
million.
    * Wall Street's median 12-month price target for KKR Real
Estate
Finance Trust Inc is $13.00 
    * 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 LSEG Refinitiv data
October 23 at 10:35 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.22           0.25           Beat
 Jun. 30 2023      0.26           0.48           Beat
 Mar. 31 2023      0.47           0.48           Beat
 Dec. 31 2022      0.49           0.18           Missed