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Mar 31, 2020
Kilroy Realty Q1 2020 Earnings Report
Kilroy Realty's financial performance reflected a solid start to the year, but was impacted by the emerging COVID-19 pandemic, leading to the withdrawal of full-year guidance.
Key Takeaways
Kilroy Realty Corporation reported a net income of $39.8 million, or $0.37 per share, and FFO of $1.00 per share. The company's stabilized portfolio was 93.5% occupied and 97.3% leased at quarter-end. Due to the uncertainty resulting from the COVID-19 pandemic, the Company is withdrawing its previous full year 2020 guidance.
Net income available to common stockholders per share of $0.37
FFO per share of $1.00
Stabilized portfolio was 93.5% occupied and 97.3% leased at quarter-end
Same Store Cash NOI increased 14.9% compared to the prior year
Forward Guidance
Due to the uncertainty resulting from the COVID-19 pandemic, the Company is withdrawing its previous full year 2020 guidance
Historical Earnings Impact
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Avg. Return Before/After Earnings
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