KKR Real Estate Finance (KREF) Reports Q2 Loss, Lags Revenue Estimates

KKR Real Estate Finance (KREF) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -231.25%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.17 per share when it actually produced a loss of $0.15, delivering a surprise of -188.24%.Over the last fo ...