On Monday, July 26, KKR Real Estate Finance KREF will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
KKR Real Estate Finance EPS will likely be near $0.49 while revenue will be around $37.68 million, according to analysts. KKR Real Estate Finance EPS in the same period a year ago totaled $0.45. Revenue was $36.66 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate, earnings would be up 8.89%. Revenue would be up 2.79% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.51 | 0.49 | 0.44 | 0.42 |
| EPS Actual | 0.55 | 0.52 | 0.58 | 0.45 |
| Revenue Estimate | 35.47 M | 36.27 M | 34.86 M | 32.47 M |
| Revenue Actual | 37.38 M | 34.37 M | 38.86 M | 36.66 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Shares of KKR Real Estate Finance were trading at $21.08 as of July 22. Over the last 52-week period, shares are up 29.96%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. KKR Real Estate Finance is scheduled to hold the call at 09:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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