Kilroy Realty Corporation (NYSE:KRC) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.28 per share.
For the full year, analysts predict revenues of $ 897.02 million, while looking forward to income of $ 1.55 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 4.01 ~ $ 4.21 per share
Click Here For More Historical Outlooks Of Kilroy Realty Corporation
Previous Quarter Performance
Kilroy Realty Corporation unveiled income for the second quarter of $ 0.78 per share, from the revenue of $ 219.42 million. The quarterly earnings grew 90.24 percent while revenues escalated 14.71 percent compared with the same quarter last year.
Street analysts expected Kilroy Realty Corporation to report income of $ 0.36 per share on revenue of $ 220.11 million for the second quarter. The bottom line results beat street analysts by $ 0.42 or 116.67 percent, at the same time, top line results fell short of analysts by $ 0.69 million or 0.31 percent.
Stock Performance
Shares of Kilroy Realty Corporation traded low $ -1.07 or -2.19 percent on Tuesday, reaching $ 47.71 with volume of 1.21 million shares. Kilroy Realty Corporation has traded high as $ 49.11 and has cracked $ 47.66 on the downward trend
According to the previous trading day, closing price of $ 47.71, representing a 6.14 % increase from the 52 week low of $ 45.96 and a 45.18 % decrease over the 52 week high of $ 88.99.
The company has a market capital of $ 5.50 billion and is part of the Real Estate sector and REIT – Office industry.
Recent Analyst recommendations
- On 19th October 2020, downgraded by Evercore ISI to In-Line from Outperform rating, with $ 58.00 target price.
- On 23rd September 2020, maintained by Wells Fargo & Co at Overweight rating, with $ 70.00 target price.
Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coasts premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.
