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Kennedy-Wilson Holdings Inc. (KW)
NYSE:KW
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.19Last Year’s EPS
0.19Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -27.99%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant financial growth and strategic achievements, particularly in investment management and capital deployment. While there are concerns about rising refinancing costs and regulatory uncertainty in some markets, the company's strong performance and strategic initiatives suggest a predominantly positive outlook.Company Guidance
During the Kennedy-Wilson Fourth Quarter and 2024 Earnings Conference Call, the company provided several key metrics reflecting their performance and strategic direction. Adjusted EBITDA nearly tripled from $190 million in 2023 to $540 million in 2024. Investment management fees grew by 60% year-over-year to approximately $100 million, with significant contributions from their credit platform, which completed a record $1.4 billion in new loan originations in Q4. Overall, $4 billion of capital was deployed in 2024, including $3.5 billion in debt originations and $800 million in rental housing and industrial acquisitions, reflecting a 50% increase from 2023. The company also generated $122 million in cash proceeds from non-core asset sales in Q4, achieving their $550 million asset sale target for 2024. Looking ahead, they anticipate generating over $400 million in cash from asset sales in 2025. Their portfolio includes $28 billion in assets under management, with an estimated annual NOI of $467 million and a record $8.8 billion in fee-bearing capital.Adjusted EBITDA Growth
Adjusted EBITDA nearly tripled from $190 million in 2023 to $540 million in 2024, indicating strong financial performance.
Investment Management Fees Surge
Investment management fees grew by 60% year-over-year to approximately $100 million in 2024, with the credit platform being a significant driver.
Successful Capital Deployment
Over $4 billion of capital was deployed, including $3.5 billion in debt originations and $800 million in rental housing and industrial acquisitions, an increase of over 50% from 2023 levels.
Record Fee-Bearing Capital
Fee-bearing capital reached a record $8.8 billion, indicating robust growth in their investment management business.
Strong Performance in Real Estate Portfolio
Same-property NOI for the apartment portfolio grew by 5.6% in Q4, with the portfolio ending the quarter at 95% occupancy.
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KW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $9.04 | $9.44 | +4.42% |
| Nov 06, 2024 | $11.31 | $10.96 | -3.09% |
| Aug 07, 2024 | $9.74 | $10.04 | +3.08% |
| May 08, 2024 | $8.52 | $9.43 | +10.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kennedy-Wilson Holdings Inc. (KW) report earnings?
Kennedy-Wilson Holdings Inc. (KW) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Kennedy-Wilson Holdings Inc. (KW) earnings time?
Kennedy-Wilson Holdings Inc. (KW) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KW EPS forecast?
KW EPS forecast for the fiscal quarter 2025 (Q1) is -0.19.
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