Investing.com - Kite Realty reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kite Realty announced earnings per share of $-0.04 on revenue of $200.31M. Analysts polled by Investing.com EPS of $-0.10 on revenue of $186.32M.
Kite Realty 's are down 32% and is trading at $19.66 , still down 15.80% from its 52 week high of $23.35 set on Tuesday, March 29, 2022.
Kite Realty follows other major Real Estate sector earnings this month
Kite Realty's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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