Kennedy-Wilson Holdings Inc. (NYSE:KW) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.13 per share.
For the full year, analysts predict revenues of $ 468.95 million, while looking forward to loss of $ 0.51 per share.
Previous Quarter Performance
Kennedy-Wilson Holdings Inc. unwinded income for the second quarter of $ 0.09 per share, from the revenue of $ 106.90 million. The consensus estimates are loss of $ 0.09 per share from $ 125.03 million in revenue. The bottom line results beat street analysts by $ 0.18 or 200.00 percent, at the same time, top line results fell short of analysts by $ 18.13 million or 14.5 percent.
Stock Performance
Shares of Kennedy-Wilson Holdings Inc. traded up $ 0.60 or 4.42 percent on Tuesday, reaching $ 14.17 with volume of 421.90 thousand shares. Kennedy-Wilson Holdings Inc. has traded high as $ 14.25 and has cracked $ 13.65 on the downward trend
According to the previous trading day, closing price of $ 14.17, representing a 23.59 % increase from the 52 week low of $ 10.98 and a 42.08 % decrease over the 52 week high of $ 23.43.
The company has a market capital of $ 2.03 billion and is part of the Real Estate sector and Real Estate Services industry.
Recent Analyst recommendations
- On 8th September 2020, upgraded by Deutsche Bank to Buy from Hold rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.22 per share on August 5, 2020. The dividend were payable on October 8, 2020 to holders of record as of the close of business on September 30, 2020 and ex-dividend date on September 29, 2020.
Kennedy-Wilson Holdings, Inc. operates as a real estate investment company. The company owns, operates, and invests in real estate both on its own and through its investment management platform.
