Kilroy Realty Q4 FFO per Share $1.08 Beats $1.04 Estimate, Rental Income $265.64M Miss $284.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kilroy Realty (NYSE:KRC) reported a Q4 FFO per share of $1.08, surpassing the $1.04 estimate, but its rental income of $265.64M fell short of the $284.09M expectation. This represents a 7.69% decrease in FFO per share and a 5.70% decrease in rental income compared to the same period last year.
February 05, 2024 | 9:19 pm
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Kilroy Realty's Q4 FFO per share exceeded expectations at $1.08, but rental income underperformed, missing estimates at $265.64M.
While Kilroy Realty's FFO per share outperformed analyst expectations, the miss on rental income could raise concerns about its revenue generation capabilities. The mixed results may lead to neutral short-term stock price movement as investors weigh the positive FFO against the negative rental income news.
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