KKR Real Estate Finance Trust Inc reports results for the quarter ended December 31 - Earnings Summary

• KKR Real Estate Finance Trust Inc KREF.N reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -37 cents. The mean expectation of six analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -24 cents to 27 cents per share.

• Revenue fell 24.4% to $35.13 million from a year ago; analysts expected $35.02 million.

• KKR Real Estate Finance Trust Inc's reported EPS for the quarter was 21 cents​.

• The company reported quarterly net income of $14.58 million.

• KKR Real Estate Finance Trust Inc shares had fallen by 1.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 175.5% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for KKR Real Estate Finance Trust Inc is $13.00

This summary was machine generated from LSEG data February 3 at 10:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)