Sep 30, 2020

Kilroy Realty Q3 2020 Earnings Report

Kilroy Realty's performance reflected a resilient portfolio and strategic capital allocation.

Key Takeaways

Kilroy Realty Corporation reported a net income available to common stockholders of $49.0 million, or $0.42 per share. Revenues for the quarter totaled $228.3 million. The stabilized portfolio was 92.2% occupied and 95.5% leased at quarter-end.

Net income available to common stockholders per share of $0.42, including $0.02 per share charge against rental income due to tenant creditworthiness considerations as a result of the COVID-19 pandemic.

FFO per share of $0.99, including $0.02 per share charge against rental income as noted above.

Revenues of $228.3 million, net of the $1.8 million charge against rental income noted above.

Stabilized portfolio was 92.2% occupied and 95.5% leased at quarter-end.

Total Revenue
$227M
Previous year: $212M
+7.0%
EPS
$0.99
Previous year: $1.01
-2.0%
Average Residential Occupancy
85%
Occupancy
92.2%
Leased
95.5%
Gross Profit
$162M
Previous year: $151M
+7.4%
Cash and Equivalents
$849M
Previous year: $298M
+185.3%
Total Assets
$9.98B
Previous year: $8.62B
+15.8%

Kilroy Realty

Kilroy Realty

Kilroy Realty Revenue by Geographic Location

Forward Guidance

Forward guidance not available in this report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income