Kennedy-Wilson Holdings Q2 2024 Adj EPS $(0.43) Beats $(0.55) Estimate, Sales $132.00M Beat $100.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kennedy-Wilson Holdings (NYSE:KW) reported Q2 2024 adjusted EPS of $(0.43), beating the analyst estimate of $(0.55). The company also reported sales of $132.00 million, surpassing the $100.66 million estimate. However, this represents a 9.90% decrease from the same period last year.
August 07, 2024 | 8:49 pm
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Kennedy-Wilson Holdings reported better-than-expected Q2 2024 EPS and sales, but sales decreased by 9.90% year-over-year.
The better-than-expected EPS and sales figures are likely to have a positive short-term impact on KW's stock price. However, the year-over-year sales decline may temper some of the enthusiasm.
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