Earnings Alerts

Kilroy Realty (KRC) Earnings: Q2 FFO/Share Exceeds Expectations with Strong Revenue Growth

  • Funds from Operations (FFO) per share for Kilroy in Q2 2025 were $1.13, surpassing both last year’s $1.10 and the estimated 99 cents.
  • Revenue stood at $289.9 million, a 3.3% increase year over year, exceeding the estimated $270.5 million.
  • Rental income was $285.1 million, showing a 3.3% rise from the previous year, higher than the projected $252.7 million.
  • Other property income was reported at $4.82 million, marginally up by 0.2% year over year, slightly exceeding the estimate of $4.5 million.
  • The company reported net interest and other income of $0.51 million.
  • Stabilized office portfolio occupancy declined to 80.8%, compared to last year’s 83.7%, and was slightly below the estimated 81.3%.
  • Cash and cash equivalents totaled $193.1 million, a significant 77% decrease from the previous year, but exceeded the expected $148.6 million.
  • Kilroy has updated its full-year 2025 guidance for Nareit-defined FFO per share to a range of $4.05 to $4.15, up from the previous $3.85 to $4.05 range.
  • The company experienced accelerated leasing momentum, completing over 400,000 square feet of lease executions during the quarter.
  • Analyst ratings include 4 buy recommendations, 11 hold recommendations, and 2 sell recommendations.

A look at Kilroy Realty Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

When looking at the overall outlook for Kilroy Realty Corporation based on the Smartkarma Smart Scores, the company seems to be in a strong position. With top scores of 5 in both Value and Dividend factors, it indicates that the company is seen as offering good value for investors and providing attractive dividend payouts. Additionally, with a score of 4 in Momentum, Kilroy Realty is showing positive momentum in the market, which could signal potential growth opportunities.

However, the company received slightly lower scores in the Growth and Resilience factors, with scores of 3 for both. This suggests that while Kilroy Realty may have room for growth, it may face some challenges in terms of resilience in certain market conditions. Overall, with its focus on Class A office properties in key locations like California and Washington, Kilroy Realty Corporation appears to be a promising investment option for those seeking value and dividends in the real estate sector.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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