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via finance.yahoo.comBusiness & Companies

Kilroy Realty: Q3 below expectations, FFO at 88 cents per share

FROM THE WIRE · FINANCE.YAHOO.COM

LOS ANGELES (AP) — LOS ANGELES (AP) — Kilroy Realty Corp. (KRC) on Thursday reported a key measure of profitability in its third quarter. The results fell short of Wall Street expectations. The Los Angeles-based real estate investment trust said it had funds from operations of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA mid-cap REIT missing FFO estimates can weigh on its shares and on the office real estate sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Kilroy Realty reported funds from operations of $104.6 million, or 88 cents per share.
  2. 02The average estimate of three analysts was for 89 cents per share.
  3. 03Revenue for the period was $271.6 million.
  4. 04The company expects full-year FFO of $3.55 to $3.59 per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Kilroy Realty CorporationKRCStock35.97 USDMarket closedtoday +4.47%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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