KKR Real Estate Finance Trust Inc reports results for the quarter ended June 30 - Earnings Summary
KKR Real Estate Finance Trust Inc reports results for the quarter ended June 30 - Earnings Summary
KKR Real Estate Finance Trust Inc KREF.N reported a quarterly adjusted loss of 58 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of six analysts for the quarter was for a loss of 62 cents per share. Wall Street expected results to range from -82 cents to -44 cents per share.
Revenue fell 39.7% to $18.18 million from a year ago; analysts expected $20.80 million.
KKR Real Estate Finance Trust Inc's reported EPS for the quarter was a loss of $1.95.
The company reported a quarterly loss of $121.79 million.
KKR Real Estate Finance Trust Inc shares had risen by 6.1% this quarter and lost 11.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 606.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for KKR Real Estate Finance Trust Inc is $6.75, about 12.4% below its last closing price of $7.59
This summary was machine generated from LSEG data July 21 at 09:48 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 |
Jun. 30 2026 | -0.62 | -0.58 | Beat |
Mar. 31 2026 | 0.11 | -0.06 | Missed |
Dec. 31 2025 | 0.15 | 0.22 | Beat |
Sep. 30 2025 | 0.10 | -0.03 | Missed |
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