Kilroy Realty Corporation Reports Third Quarter Financial Results
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Kilroy Realty (KRC) PT Raised to $41 at Evercore ISI
October 29, 2024 4:40 PM EDTEvercore ISI analyst Steve Sakwa raised the price target on Kilroy Realty (NYSE: KRC) to $41.00 (from $40.00) while maintaining a In Line rating.
The analyst comments "While the pace of qtrly leasing is volatile, KRC posted 436ksf of total leasing vs our est of 191ksf and the figure included 209ksf of short-term deals (... More
BTIG Reiterates Neutral Rating on Kilroy Realty (KRC)
October 29, 2024 5:48 AM EDTBTIG analyst Thomas Catherwood reiterated a Neutral rating on Kilroy Realty (NYSE: KRC)
The analyst comments "Kilroy reported 3Q24 FFO/sh of $1.17, $0.14 higher than our estimate and $0.12 above the Street, and raised the midpoint of FY 2024 guidance by $0.15 to $4.41. In general, we view Kilroys Q3 results as a net positive; leasing statistics and the earnings beat appear solid, but ultimately raise more questions than answers, yet we are heartened to see the company make its first acquisition since Indeed Tower in 3Q21. Regarding the earnings beat, rental... More
