Kennedy-Wilson (NYSE: KW) reported Q4 EPS of $0.21, $0.29 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $178.7 million versus the consensus estimate of $180.05 million.

“The fourth quarter concluded a record year of financial results driven by increases in our recurring cash flow along with significant capital gains from our asset sales program,” said William McMorrow, chairman and CEO of Kennedy Wilson. “Kennedy Wilson is well positioned to continue our momentum into 2019 with a focus on active asset management and continued progress across our development pipeline while at the same time increasing our third-party fee-bearing capital.”

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