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Kite Realty Group (KRG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
KRGKite Realty Trust(KRG) ZACKS·2025-04-30 00:05

Core Insights - Kite Realty Group (KRG) reported revenue of 221.76millionforthequarterendedMarch2025,reflectingayearoveryearincreaseof6.9221.76 million for the quarter ended March 2025, reflecting a year-over-year increase of 6.9% [1] - The earnings per share (EPS) for the quarter was 0.53, significantly higher than 0.06inthesamequarterlastyear[1]ThereportedrevenueexceededtheZacksConsensusEstimateof0.06 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of 212.14 million by 4.54%, while the EPS also surpassed the consensus estimate of 0.51by3.920.51 by 3.92% [1] Revenue Breakdown - Rental income was reported at 219.17 million, exceeding the average estimate of 209.02millionfromthreeanalysts,markinga6.5209.02 million from three analysts, marking a 6.5% year-over-year increase [4] - Tenant recoveries amounted to 44.64 million, slightly above the two-analyst average estimate of 44.48million[4]Minimumrentrevenuewasreportedat44.48 million [4] - Minimum rent revenue was reported at 155.17 million, which fell short of the two-analyst average estimate of $164.33 million [4] Stock Performance - Over the past month, shares of Kite Realty Group have returned -2.3%, compared to a -0.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]