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KREFBearishEarningsnews
Materiality pending

KKR Real Estate Finance (KREF) Q1 Earnings Surpass Estimates

Apr 23, 2024, 7:18 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- KKR Real Estate Finance (KREF) beat earnings estimates with $0.39 per share, higher than last year's $0.48. - KREF posted revenues of $39.14 million, missing estimates by 9.29%. - Stock has lost 25.6% YTD, Zacks Rank #3 (Hold), expected to perform in line with the market. - Price Impact Rating: bearish - Impact Horizon Rating: short-term - Type: Earnings

  • KKR Real Estate Finance (KREF) beat earnings estimates with $0.39 per share, higher than last year's $0.48.
  • KREF posted revenues of $39.14 million, missing estimates by 9.29%.
  • Stock has lost 25.6% YTD, Zacks Rank #3 (Hold), expected to perform in line with the market.

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