Kite Realty Group (KRG) Q2 FFO and Revenues Surpass Estimates
KRGKite Realty Trust(KRG) ZACKS·2024-07-31 06:36

Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of 0.53pershare,beatingtheZacksConsensusEstimateof0.53 per share, beating the Zacks Consensus Estimate of 0.51 per share. This compares to FFO of 0.51pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof3.920.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.92%. A quarter ago, it was expected that this real estate investment trust would post FFO of 0.50 per share when it actually produced FFO of $0.50, delivering no surprise.Over the last four quarters, t ...