Kilroy Realty (KRC) Misses Q1 EPS by 4c

Kilroy Realty (NYSE: KRC) reported Q1 EPS of $0.37, $0.04 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $221.33 million versus the consensus estimate of $219.28 million.

Financial Results

• Net income available to common stockholders per share of $0.37
• Funds from operations available to common stockholders and unitholders (“FFO”) per share of $1.00
• Net income and FFO per share include a reduction in revenue of approximately $0.06 per share related to the cumulative impact of transitioning one co-working tenant and two retail tenants to a cash basis of reporting as a result of the COVID-19 pandemic

Revenues of $221.3 million

For earnings history and earnings-related data on Kilroy Realty (KRC) click here.

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