Kilroy Realty Corp reports results for the quarter ended June 30 - Earnings Summary

• Kilroy Realty Corp KRC.N reported quarterly adjusted earnings of 57 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of four analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 30 cents to 33 cents per share.

• Revenue rose 3.3% to $289.89 million from a year ago; analysts expected $270.70 million.

• Kilroy Realty Corp's reported EPS for the quarter was 57 cents​.

• The company reported quarterly net income of $68.45 million.

• Kilroy Realty Corp shares had risen by 8.1% this quarter and lost 8.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is "buy."

• Wall Street's median 12-month price target for Kilroy Realty Corp is $35.00, about 5.9% below its last closing price of $37.08

This summary was machine generated from LSEG data July 28 at 09:00 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)