Kennedy-Wilson Holdings Inc reports results for the quarter ended in January 1 - Earnings Summary

Reuters11-07

* Kennedy-Wilson Holdings Inc reported a quarterly adjusted loss of 56 cents​​ per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of -66 cents. The lone analyst forecast for the quarter was for a loss of 53 cents per share.

* Revenue fell 9.7% to $127.50 million from a year ago; analysts expected $97.71 million.

* Kennedy-Wilson Holdings Inc's reported EPS for the quarter was a loss of 56 cents​.

* Kennedy-Wilson Holdings Inc shares had risen by 5.1% this quarter and lost 6.2% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 29.3% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

* The average consensus recommendation for the real estate rental, development & operations peer group is "sell."

Wall Street's median 12-month price target for Kennedy-Wilson Holdings Inc is $8.40 This summary was machine generated from LSEG data November 7 at 02:15 p.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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.53 -0.56 Missed

Jun. 30 2024 -0.55 -0.43 Beat

Mar. 31 2024 -0.72 0.19 Beat

Dec. 31 2023 -0.31 -1.78 Missed

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