Core Insights - Kite Realty Group (KRG) reported revenue of 214.72millionforthequarterendedDecember2024,reflectingayear−over−yearincreaseof7.20.53, significantly higher than 0.04inthesamequarterlastyear[1]−ThereportedrevenueexceededtheZacksConsensusEstimateof208.88 million by 2.80%, while the EPS met the consensus estimate [1] Revenue Breakdown - Rental income was reported at 209.97million,surpassingthethree−analystaverageestimateof206.11 million, with a year-over-year increase of 6.4% [4] - Fee income was 0.44million,belowthetwo−analystaverageestimateof0.73 million, showing a year-over-year decline of 11.5% [4] - Tenant recoveries amounted to 42.55million,exceedingtheaverageestimateof39.79 million from two analysts [4] - Minimum rent revenue was reported at 154.43million,fallingshortofthetwo−analystaverageestimateof163.26 million [4] - Net Earnings Per Share (Diluted) was 0.10,slightlyabovethethree−analystaverageestimateof0.09 [4] Stock Performance - Over the past month, shares of Kite Realty Group have returned +2.1%, compared to a +4.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Kite Realty Trust(KRG) ZACKS·2025-02-12 00:31