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Kennedy Wilson Reports Q4 and Full Year 2024 Results

1. KW reports Q4 2024 net income of $33.1M, a significant recovery. 2. Total AUM stands at $28 billion, showcasing strong asset management.

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+4.36%Current Return
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-1.6%S&P 500
$9.1702/26 04:28 PM EDTEvent Start
$9.5702/27 11:23 PM EDTLatest Updated
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FAQ

Why Bullish?

The notable turnaround in net income suggests improved operational efficiency, potentially enhancing investor confidence. Previous recoveries in real estate stocks often led to price rebounds, making KW's performance relevant.

How important is it?

KW's recovery in net income indicates a positive shift in financial health, likely affecting investor valuation and stock performance. The asset management figure signifies solid operational positioning amidst economic uncertainties.

Why Short Term?

Positive quarterly earnings may drive immediate investor interest, influencing stock price in the near future. Historically, quarterly earnings reports can impact stock price substantially within a few weeks.

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BXIVRCIM
BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Kennedy-Wilson Holdings, Inc. (NYSE: KW), a leading global real estate investment company with $28 billion in AUM across its real estate equity and debt investment portfolio, today reported the following results for the fourth quarter and full year of 2024: Financial Results (Amounts in millions, except per share data) Q4 Full Year GAAP Results 2024   2023 2024   2023 GAAP Net Income (Loss) to Common Shareholders1 $ 33.1   $ (247.8 ) $ (76.5 )   $ (341.8.

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