Workflow
Minimum rent
icon
Search documents
Here's What Key Metrics Tell Us About Kite Realty Group (KRG) Q2 Earnings
ZACKS· 2025-07-30 23:31
Core Insights - Kite Realty Group (KRG) reported revenue of $213.4 million for the quarter ended June 2025, marking a year-over-year increase of 0.5% and a surprise of +0.12% over the Zacks Consensus Estimate of $213.14 million [1] - The company achieved an EPS of $0.51, a significant improvement from -$0.22 a year ago, aligning with the consensus EPS estimate [1] - The stock has returned +1.8% over the past month, underperforming the Zacks S&P 500 composite's +3.4% change, and currently holds a Zacks Rank 4 (Sell) [3] Revenue Breakdown - Rental income was reported at $211.18 million, slightly below the average estimate of $212.5 million, reflecting a year-over-year increase of +2.6% [4] - Tenant recoveries amounted to $41.7 million, which was lower than the two-analyst average estimate of $45.13 million [4] - Minimum rent revenue was reported at $150.71 million, compared to the average estimate of $165.92 million [4] - Net Earnings Per Share (Diluted) was $0.50, exceeding the average estimate of $0.07 [4]
Kite Realty Group (KRG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-04-30 00:05
Core Insights - Kite Realty Group (KRG) reported revenue of $221.76 million for the quarter ended March 2025, reflecting a year-over-year increase of 6.9% [1] - The earnings per share (EPS) for the quarter was $0.53, significantly higher than $0.06 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $212.14 million by 4.54%, while the EPS also surpassed the consensus estimate of $0.51 by 3.92% [1] Revenue Breakdown - Rental income was reported at $219.17 million, exceeding the average estimate of $209.02 million from three analysts, marking a 6.5% year-over-year increase [4] - Tenant recoveries amounted to $44.64 million, slightly above the two-analyst average estimate of $44.48 million [4] - Minimum rent revenue was reported at $155.17 million, which fell short of the two-analyst average estimate of $164.33 million [4] Stock Performance - Over the past month, shares of Kite Realty Group have returned -2.3%, compared to a -0.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]