KKR Real Estate Finance KREF is gearing up to announce its quarterly earnings on Monday, 2024-10-21. Here's a quick overview of what investors should know before the release.
Analysts are estimating that KKR Real Estate Finance will report an earnings per share (EPS) of $0.34.
The market awaits KKR Real Estate Finance's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Historical Earnings Performance
In the previous earnings release, the company beat EPS by $0.09, leading to a 14.57% increase in the share price the following trading session.
Here's a look at KKR Real Estate Finance's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -1.66 | 0.34 | 0.11 | 0.22 |
| EPS Actual | -1.57 | 0.39 | -0.37 | 0.25 |
| Price Change % | 15.0% | -2.0% | -14.000000000000002% | 2.0% |
Tracking KKR Real Estate Finance's Stock Performance
Shares of KKR Real Estate Finance were trading at $12.0 as of October 17. Over the last 52-week period, shares are up 19.23%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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