KKR Actual Property Finance (KREF) reported $39.14 million in income for the quarter ended March 2024, representing a year-over-year decline of 15.9%. EPS of $0.39 for a similar interval compares to $0.48 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $43.16 million, representing a shock of -9.29%. The corporate delivered an EPS shock of +5.41%, with the consensus EPS estimate being $0.37.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s value efficiency.
Right here is how KKR Actual Property carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Whole internet curiosity revenue: $39.14 million versus the two-analyst common estimate of $43.16 million.
- Whole different revenue: $7.62 million in comparison with the $5.64 million common estimate based mostly on two analysts.
- Whole different income- Different revenue: $1.79 million versus the two-analyst common estimate of $2 million.
- Whole different income- Earnings (loss) from fairness technique investments: $0.85 million versus the two-analyst common estimate of $0.63 million.
- Whole different income- Income from actual property owned operations: $4.98 million in comparison with the $3.02 million common estimate based mostly on two analysts.
View all Key Company Metrics for KKR Real Estate here>>>
Shares of KKR Actual Property have returned -4.1% over the previous month versus the Zacks S&P 500 composite’s -4.2% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.
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KKR Real Estate Finance Trust (KREF) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
