Kilroy Realty Q1 2024 FFO $1.11 Beats $1.07 Estimate, Sales $274.890M Miss $275.064M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kilroy Realty (NYSE:KRC) reported Q1 2024 FFO of $1.11 per share, surpassing the $1.07 estimate, but its sales of $274.890M fell short of the $275.064M estimate, marking a 5.24% decrease from the previous year.
May 02, 2024 | 8:42 pm
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Kilroy Realty's Q1 2024 earnings exceeded expectations with FFO of $1.11/share against a $1.07 estimate, but sales slightly missed estimates.
While Kilroy Realty's FFO beat may positively impact investor sentiment, the slight miss in sales and the year-over-year decrease could temper any significant stock price movement. The mixed results present a neutral outlook in the short term.
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