Kite Realty Group (KRG) reported $207.25 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 0%. EPS of $0.51 for the same period compares to $0.01 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $210.39 million, representing a surprise of -1.49%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.51. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.51 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.51 per share when it actually produced FFO of $0.53, delivering a surprise of 3.92%. Over the last four quarters, the company has surpassed consensus FFO estimates two times. Kit ...

Exhibit 99.2 | --- | --- | --- | --- | --- | --- | --- | |---------|-------|-------|--------------------|---------------------|--------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | SPROUTS | | | | | | | | | | | | | SOLA SALDES | | | | | | SUPPLEMENT Q3 2024 | QUARTERLY FINANCIAL | Centennial Gateway - Las Vegas, NV MSA | | | \|\| | | | | | © 2024 Kite Realty Group \| kiterealty.com | | | | | | | | | | | | | | | | | | | | | | | | (Draper Peaks - Salt Lake Cit ...

INDIANAPOLIS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the third quarter ended September 30, 2024. For the quarters ended September 30, 2024 and 2023, net income attributable to common shareholders was $16.7 million, or $0.08 per diluted share, compared to $2.1 million, or $0.01 per diluted share, respectively. For the nine month ...

Editor's note: Seeking Alpha is proud to welcome Elias Mouawad as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.Full time trader and investor. Instead of lengthy and boring articles, i prefer writing concise arguments about value stocks. My goal is to identify great entry levels. Prices that you can remember years later and say "it was a great time to ...

INDIANAPOLIS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the "Company"), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, announced today that, on October 3, 2024, it closed on an amended $1.1 billion unsecured revolving credit facility (the "Revolving Credit Facility") and an amended $250 million unsecured term loan facility (the "Term Loan Facility"). The term of the Revolving Credit Facility was extended three years ...

INDIANAPOLIS, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending September 30, 2024, after the market closes on Wednesday, October 30, 2024. KRG will conduct a conference call to discuss its financial results on Thursday, October 31, 2024 at 11:00 a.m. Eastern Time. KRG Q3 2024 Earnings Conference Call Dial-In Registration: KRG Third Quarter 2024 Teleconference Registration Webcast Link: KRG Third Quarter 2024 W ...

Dilok Klaisataporn We're now just days out from the Federal Reserve's September meeting and subsequent announcement. And unless something intensely out-of-the-blue happens after I write this – something that sends inflationary figures sky-high at a moment's notice – it's all but given. We're going to see a cut in interest rates. Revised jobs data has indicated a slowing economy. And the last four months' worth of Consumer Price Index ("CPI") data has shown cooling inflation. Not that prices are declining. B ...

INDIANAPOLIS, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the "Company") announced today that, on August 13, 2024, its operating partnership, Kite Realty Group, L.P. (the "Operating Partnership"), priced an offering of $350 million aggregate principal amount of 4.950% Senior Notes due 2031 (the "Notes") in an underwritten public offering. The Notes will be issued at 99.328% of par value with a yield to maturity of 5.062%. Interest on the Notes is payable semi-annually on June 15 a ...

E ■ 4 Enes Evren Introduction Investing in REITs has been out of favor since the FED started tightening monetary policy back in 2022. In particular, both the retail and office sectors have struggled due to secular headwinds in addition to higher interest rates. While caution is warranted, the valuation multiples of some of the securities trading in this sub sector are completely unjustified. One such example is Kite Realty Group (NYSE:KRG) which just reported second quarter earnings last week. KRG is a reta ...