Kite Realty reports Q4 core FFO 52c, consensus 53c

Reports Q4 revenue $214.72M, consensus $208.88M. “Looking back at 2024, I could not be prouder of what the KRG team was able to accomplish,” said John Kite, chairman and CEO. “We achieved all-time high leasing volumes, improved our long-term embedded growth profile, further fortified our pristine balance sheet, and outperformed our original guidance. Looking forward to 2025, I have never had more conviction as it relates to KRG’s readiness to seize on a spectrum of opportunities that are currently in front of us. We will continue to capitalize on the strong demand to re-lease recently recaptured space while simultaneously setting in motion a series of initiatives to redefine our portfolio and longer-term growth profile.”