Kennedy Wilson Holdings posts $21.2 million quarterly net loss as revenue falls to $116.4 million

Reuters11-08
Kennedy Wilson Holdings posts $21.2 million quarterly net loss as revenue falls to $116.4 million

Kennedy Wilson Holdings Inc. reported revenues of $116.4 million for the third quarter ended September 30, 2025, compared to $127.5 million in the same period of 2024. The company recorded a net loss attributable to common shareholders of $21.2 million, a reduction from the $77.4 million net loss in the third quarter of 2024. Basic and diluted loss per share were $0.15, compared to a loss of $0.56 per share in the prior year period. Adjusted EBITDA for the quarter was $125.2 million, up from $66.4 million in the third quarter of 2024. The results for the quarter included $36.0 million in non-cash items, primarily from depreciation, amortization, and changes in fair value. A key business development was the recapitalization of a multifamily community in Southern California, generating a gain of $17.4 million. Improved performance from co-investment assets also contributed to the quarter's results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kennedy Wilson Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001408100-25-000179), on November 07, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment