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Jun 30, 2021
Kennedy-Wilson Q2 2021 Earnings Report
Reported a strong quarter driven by gains from real estate sales and increased property values.
Key Takeaways
Kennedy Wilson reported a record quarter with significant gains from asset sales and strong demand for real estate, leading to increased property values. Adjusted EBITDA reached $410 million, driven by gains from real estate sales and increased fair values. The company completed $1.7 billion in investment transactions and launched a new $1.5 billion U.S. Multifamily Platform.
Adjusted EBITDA reached $410 million, a significant increase from $73 million in Q2 2020.
Completed $1.7 billion in Investment Transactions, growing estimated annual NOI and Fee-Bearing Capital.
Launched a new $1.5 billion U.S. Multifamily Platform with a global institutional investor.
Fee-Bearing Capital increased by 10% to $4.5 billion as of June 30, 2021.
Revenue by Segment
Forward Guidance
Kennedy Wilson will maintain its focus on reinvesting proceeds from recent asset sales and expanding its existing platforms to drive further growth in recurring cash flow over the long term.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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