Kilroy Realty (KRC) Misses Q1 EPS by 4c, provides guidance
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Goldman Sachs Comments on Kilroy Realty (KRC)
May 3, 2024 6:32 AM EDTGoldman Sachs analyst Caitlin Burrows reiterated a Buy rating and $43.00 price target on Kilroy Realty (NYSE: KRC).
The analyst comments "KRC reported 1Q24 FFOPS of $1.11, +1% vs GSe and +4% versus consensus. The company increased full year 2024 FFO guidance by +1% (to $4.23 at the midpoint,... More
Evercore ISI Comments on Kilroy Realty (KRC)
May 3, 2024 6:14 AM EDTEvercore ISI analyst Steve Sakwa reiterated an In Line rating and $40.00 price target on Kilroy Realty (NYSE: KRC).
The analyst comments "KRC reported Q1 FFO of $1.11 which was 3c above our est/consensus with the variance driven by a number of small variances including better revenue (+$2mn), lower op ex (+$2mn), lower G&A ($+2.5mn) and higher int income (+$3mn) and these were offset by higher RE taxes (-$1mn) and higher int expense (-$3mn). Given the slight beat in the quarter, KRC raised... More
