KKR Real Estate Finance KREF is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect KKR Real Estate Finance to report an earnings per share (EPS) of $0.34.
The announcement from KKR Real Estate Finance is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Past 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% |
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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