LOS ANGELES (AP) \u2014 LOS ANGELES (AP) \u2014 Kilroy Realty Corp. (KRC) on Monday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations.<\/p>\n
The real estate investment trust, based in Los Angeles, said it had funds from operations of $108.8 million, or 91 cents per share, in the period.<\/p>\n
The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 88 cents per share.<\/p>\n
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.<\/p>\n
The company said it had a loss of $19.3 million, or 16 cents per share.<\/p>\n
The real estate investment trust, based in Los Angeles, posted revenue of $270.1 million in the period, which matched Street forecasts.<\/p>\n
Kilroy Realty expects full-year funds from operations to be $3.49 to $3.63 per share.<\/p>\n
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.<\/p>\n","protected":false},"excerpt":{"rendered":"LOS ANGELES (AP) \u2014 LOS ANGELES (AP) \u2014 Kilroy Realty Corp. (KRC) on Monday reported a key measure…\n","protected":false},"author":2,"featured_media":192546,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[387,123477,3108,48,52,51,47,50,49],"class_list":["post-288640","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-business","tag-earns-kilroy-realty","tag-financial-services","tag-la","tag-la-headlines","tag-la-news","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/288640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=288640"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/288640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/192546"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=288640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=288640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=288640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}