Kennedy-Wilson Holdings, Inc. (KW) Tops Q2 EPS by 31c

Kennedy-Wilson Holdings, Inc. (NYSE: KW) reported Q2 EPS of $0.21, $0.31 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $92 million versus the consensus estimate of $58.63 million.

"We had an extremely active first half globally with approximately $2.2 billion in new acquisitions, including substantially investing all of the proceeds from the $1.7 billion IPO of Kennedy Wilson Europe Real Estate Plc," said William McMorrow, chairman and CEO of Kennedy Wilson. "At the same time, we have been able to realize significant gains in our existing portfolio through strategic asset management and selective investment realization."

For earnings history and earnings-related data on Kennedy-Wilson Holdings, Inc. (KW) click here.

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