Kite Realty Q1 Core FFO, Revenue Increase; Full Year Guidance Raised

MT Newswires Live

04/30

Kite Realty Group (KRG) reported Q1 core funds from operations late Tuesday of $0.53 per diluted share, up from $0.48 a year earlier.

Analysts polled by FactSet expected $0.49.

Revenue for the quarter ended March 31 was $221.8 million, up from $207.4 million a year earlier.

Analysts expected $212 million.

Kite Realty raised its full-year 2025 core FFO guidance to a range of $2.00 to $2.06 from $1.98 to $2.04. Analysts are expecting $2.00.

Shares of Kite Realty were up 5% in after-hours activity.

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