KKR Real Estate Finance KREF is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.
Analysts estimate that KKR Real Estate Finance will report an earnings per share (EPS) of $0.34.
Investors in KKR Real Estate Finance are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
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 19.38%. 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
