Kennedy-Wilson (KW) Reports Q1 Loss Per Share of 5c

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Kennedy Wilson Reports First Quarter 2015 Earnings

May 6, 2015 4:02 PM EDT

Adjusted EBITDA of $53.7 million and Adjusted Net Income of $30.5 million
Same property NOI up 11% for Multifamily, 6% for Commercial

BEVERLY HILLS, Calif.--(BUSINESS WIRE)-- Kennedy-Wilson Holdings, Inc. (NYSE: KW) today reported results for the first quarter of 2015.

For the three months ended March 31, 2015:

Adjusted EBITDA was $53.7 million compared to $69.2 million for the same period in 2014, which includes acquisition-related gains (net of non-controlling interest) of $0.6 million and $43.9 million for the first quarter of 2015 and 2014, respectively.... More