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Kilroy Realty Full Year 2022 Earnings: In Line With Expectations

Kilroy Realty (NYSE:KRC) Full Year 2022 Results

Key Financial Results

  • Revenue: US$1.10b (up 15% from FY 2021).

  • Funds from operations (FFO): US$556.6m (up 20% from FY 2021).

  • FFO margin: 51% (up from 48% in FY 2021). The increase in margin was driven by higher revenue.

  • FFO per share: US$4.8 (up from US$3.97 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kilroy Realty Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the REITs industry in the US.

Performance of the American REITs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Kilroy Realty is showing 2 warning signs in our investment analysis and 1 of those can't be ignored...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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