Kennedy-Wilson Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Kennedy-Wilson Holdings Inc KW.N reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -43 cents. The mean expectation of two analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -23 cents to -11 cents per share.

• Revenue rose 2.8% to $135.70 million from a year ago; analysts expected $162.52 million.

• Kennedy-Wilson Holdings Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $6.4 million.

• Kennedy-Wilson Holdings Inc shares had risen by 7.9% this quarter and lost 26.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.8% 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 no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the real estate rental, development & operations peer group is "buy."

• Wall Street's median 12-month price target for Kennedy-Wilson Holdings Inc is $8.35, about 13.1% above its last closing price of $7.26

This summary was machine generated from LSEG data August 7 at 01:21 a.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)