Wall Street brokerages expect Kilroy Realty Corporation (NYSE:KRC) to announce sales of $179.92 million for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Kilroy Realty’s earnings. The highest sales estimate is $181.87 million and the lowest is $177.80 million. Kilroy Realty posted sales of $168.65 million during the same quarter last year, which suggests a positive year over year growth rate of 6.7%. The company is scheduled to issue its next quarterly earnings results on Monday, February 5th.

On average, analysts expect that Kilroy Realty will report full-year sales of $179.92 million for the current financial year, with estimates ranging from $717.30 million to $723.30 million. For the next fiscal year, analysts forecast that the business will report sales of $747.20 million per share, with estimates ranging from $734.05 million to $763.00 million. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Kilroy Realty.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.19). The business had revenue of $181.50 million during the quarter, compared to analyst estimates of $179.03 million. Kilroy Realty had a return on equity of 4.44% and a net margin of 23.77%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 EPS.

KRC has been the subject of a number of research reports. Evercore ISI raised shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $78.00 price objective for the company in a report on Monday, August 14th. Zacks Investment Research downgraded shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $77.00 price objective on shares of Kilroy Realty in a report on Thursday, September 21st. KeyCorp reaffirmed a “hold” rating on shares of Kilroy Realty in a report on Friday, August 25th. Finally, Bank of America downgraded shares of Kilroy Realty from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $80.00 to $77.00 in a report on Wednesday, August 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. Kilroy Realty has a consensus rating of “Hold” and a consensus price target of $77.50.

Several institutional investors and hedge funds have recently made changes to their positions in KRC. Advisor Group Inc. boosted its holdings in shares of Kilroy Realty by 27.8% during the second quarter. Advisor Group Inc. now owns 1,961 shares of the real estate investment trust’s stock valued at $147,000 after acquiring an additional 426 shares during the period. Perigon Wealth Management LLC boosted its holdings in shares of Kilroy Realty by 54.5% during the second quarter. Perigon Wealth Management LLC now owns 2,125 shares of the real estate investment trust’s stock valued at $161,000 after acquiring an additional 750 shares during the period. Timber Hill LLC acquired a new position in shares of Kilroy Realty during the third quarter valued at $215,000. KCG Holdings Inc. acquired a new position in shares of Kilroy Realty during the first quarter valued at $218,000. Finally, Vident Investment Advisory LLC acquired a new position in shares of Kilroy Realty during the third quarter valued at $235,000. 97.85% of the stock is owned by institutional investors.

Kilroy Realty (NYSE KRC) traded down $0.08 during trading on Friday, reaching $75.38. 574,100 shares of the company’s stock were exchanged, compared to its average volume of 563,448. The firm has a market capitalization of $7,460.00, a P/E ratio of 21.88, a PEG ratio of 2.97 and a beta of 0.77. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.63. Kilroy Realty has a 1 year low of $67.00 and a 1 year high of $78.33.

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About Kilroy Realty

Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.

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Earnings History and Estimates for Kilroy Realty (NYSE:KRC)

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