Kennedy-Wilson (KW) Tops Q3 EPS by 18c

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Kennedy Wilson Reports Record Third Quarter Results

November 4, 2015 4:15 PM EST

Q3 Adjusted EBITDA of $83.0 million, a 19% increase

Multifamily NOI growth exceeds 8% for ninth consecutive quarter

BEVERLY HILLS, Calif.--(BUSINESS WIRE)-- Kennedy-Wilson Holdings, Inc. (NYSE: KW) today reported record third quarter results for Q3 2015.

For the three months ended September 30, 2015:

Adjusted EBITDA was $83.0 million, a 19% increase from $69.5 million in Q3 2014. Adjusted Net Income was $47.0 million or $0.44 per basic share compared to $30.5 million or $0.34 per basic share for the same period in 2014.... More