Kilroy Realty Q2 2024 FFO $1.10 Beats $1.08 Estimate, Sales $275.92M Miss $277.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kilroy Realty (NYSE:KRC) reported Q2 2024 earnings per share (EPS) of $1.10, beating the analyst consensus estimate of $1.08. However, the company's sales of $275.92 million missed the estimate of $277.28 million and showed a 1.92% decrease from the same period last year.
July 31, 2024 | 8:24 pm
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Kilroy Realty's Q2 2024 EPS of $1.10 beat estimates by 1.85%, but sales of $275.92 million missed expectations and decreased by 1.92% year-over-year.
While Kilroy Realty's EPS beat expectations, the miss on sales and the year-over-year decline in revenue may offset the positive sentiment from the earnings beat. This mixed result is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100