Group 1 - Kite Realty Group (KRG) reported quarterly funds from operations (FFO) of $0.53 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, and up from $0.50 per share a year ago, representing an FFO surprise of 3.92% [1] - The company posted revenues of $221.76 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.54%, compared to year-ago revenues of $207.44 million [2] - Kite Realty Group has outperformed consensus revenue estimates three times over the last four quarters [2] Group 2 - The stock has underperformed the market, losing about 13.4% since the beginning of the year, while the S&P 500 declined by 6% [3] - The future performance of Kite Realty Group's stock will depend on management's commentary on the earnings call and the sustainability of the stock's immediate price movement based on recent numbers and future FFO expectations [3][4] Group 3 - The current consensus FFO estimate for the coming quarter is $0.51 on revenues of $214.87 million, and for the current fiscal year, it is $2.06 on revenues of $858.46 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Retail is currently in the top 29% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
Kite Realty Group (KRG) Beats Q1 FFO and Revenue Estimates