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Kite Realty Group Trust Q2 FFO, Revenue Rise; Full-year FFO Guidance Updated
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Kite Realty Group Trust Q2 FFO, Revenue Rise; Full-year FFO Guidance Updated
Jul 30, 2024 2:50 PM

05:21 PM EDT, 07/30/2024 (MT Newswires) -- Kite Realty Group Trust ( KRG ) reported Q2 diluted funds from operations Tuesday of $0.53 per share, up from $0.51 a year earlier.

Analysts polled by Capital IQ expected $0.50.

Revenue for the quarter ended June 30 was $212.4 million, up from $208.8 million a year ago.

Analysts surveyed by Capital IQ expected $208.4 million.

The company updated its full-year funds from operations guidance to $2.04 to $2.08 per share from $2.02 to $2.08 per share previously.

Analysts surveyed by Capital IQ expect $2.05.

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