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KKR Real Estate Finance Trust Q2 Swings to Adjusted Loss, Net Interest Income Declines
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KKR Real Estate Finance Trust Q2 Swings to Adjusted Loss, Net Interest Income Declines
Jul 22, 2024 3:07 PM

05:45 PM EDT, 07/22/2024 (MT Newswires) -- KKR Real Estate Finance Trust ( KREF ) reported a Q2 adjusted loss late Monday of $1.57 per diluted share, compared with adjusted earnings of $0.48 per share a year earlier.

Analysts polled by Capital IQ expected a loss of $1.71, normalized.

Net interest income for the quarter ended June 30 was $40.4 million, down from $44 million a year earlier.

Analysts surveyed by Capital IQ expected $37.4 million.

Price: 10.03, Change: -0.06, Percent Change: -0.59

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