Kennedy-Wilson Holdings: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Kennedy-Wilson Holdings (NYSE:KW) reported Q4 earnings with an EPS of $-1.78, missing estimates by 474.19% against an expected $-0.31. Revenue increased by $500 thousand from the same period last year. The company's past earnings performance shows a mixed trend with misses and beats in previous quarters.
February 21, 2024 | 9:55 pm
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Kennedy-Wilson Holdings reported a significant miss in Q4 earnings with an EPS of $-1.78, far below the estimated $-0.31. Revenue saw a slight increase from the previous year.
The significant miss in earnings expectations is likely to negatively impact investor confidence and could lead to a short-term decrease in stock price, similar to the previous quarter's performance after an earnings miss.
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