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 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
The company's EPS beat by $0.09 in the last quarter, leading to a 14.57% increase in the share price on the following day.
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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
