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Mar 31, 2024
Kilroy Realty Q1 2024 Earnings Report
Kilroy Realty reported financial results, with revenues of $278.6 million and net income available to common stockholders of $0.42 per diluted share.
Key Takeaways
Kilroy Realty Corporation reported first quarter financial results with revenues of $278.6 million and net income available to common stockholders of $0.42 per diluted share. The stabilized portfolio was 84.2% occupied and 85.7% leased. The company completed a public offering of $400.0 million of 12-year unsecured senior notes.
Revenues reached $278.6 million.
Net income available to common stockholders was $0.42 per diluted share.
FFO was $133.7 million, or $1.11 per diluted share.
Stabilized portfolio was 84.2% occupied and 85.7% leased.
Kilroy Realty
Kilroy Realty
Forward Guidance
The Company is providing an updated Nareit-defined FFO per diluted share guidance for the full year 2024 of $4.15 to $4.30 per share, with a midpoint of $4.23 per share.
Positive Outlook
- FFO per diluted share guidance for the full year 2024 of $4.15 to $4.30 per share