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Mar 31, 2020
Kite Realty Q1 2020 Earnings Report
Kite Realty reported operating results for the first quarter ended March 31, 2020.
Key Takeaways
Kite Realty Group Trust reported a net loss attributable to common shareholders of $0.1 million, or $0.00 per common share. NAREIT Funds From Operations of the Operating Partnership (FFO) was $30.7 million, or $0.36 per diluted common share. Same-Property Net Operating Income (NOI) increased by 0.9%.
Realized net loss attributable to common shareholders of $0.1 million, or $0.00 per common share.
Generated NAREIT Funds From Operations of the Operating Partnership (FFO) of $30.7 million, or $0.36 per diluted common share.
Increased Same-Property Net Operating Income (NOI) by 0.9%.
Retail leased percentage was 94.5%.
Forward Guidance
Given the ongoing uncertainty surrounding the impacts COVID-19 will have on the economy and our tenants, the Company withdrew previously provided 2020 guidance on March 27, 2020. The Company’s guidance remains withdrawn.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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