Kite Realty Group Trust (KRG) Posts Quarterly Results
Kite Realty Group Trust (NYSE:KRG) released its earnings data on Friday. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11, Stock Ratings Network.com reports. The company had revenue of $36.00 million for the quarter, compared to the consensus estimate of $33.38 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 41.2% on a year-over-year basis.
Kite Realty Group Trust (NYSE:KRG) opened at 6.35 on Friday. Kite Realty Group Trust has a 52 week low of $5.27 and a 52 week high of $6.91. The stock’s 50-day moving average is $6.34 and its 200-day moving average is $6.20. The company’s market cap is $830.7 million.
Kite Realty Group Trust is a full-service, vertically integrated real estate company engaged in the development, construction, acquisition, ownership, and operation of neighborhood and community shopping centers in selected markets in the United States.
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