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Jun 30, 2023
Kennedy-Wilson Q2 2023 Earnings Report
Reported significant growth in investment management business and progress in developments.
Key Takeaways
Kennedy Wilson reported a strong second quarter with a 32% quarterly growth in fee-bearing capital, driven by the acquisition of a loan portfolio from Pacific Western Bank. Adjusted EBITDA increased by 65% to $195.1 million.
Adjusted EBITDA increased by 65% to $195 million.
Fee-Bearing Capital grew by 32% to $7.9 billion.
The company completed construction of the 82-acre Kona Village resort.
Acquired a $4.1 billion loan portfolio from Pacific Western Bank, increasing Fee-Bearing Capital by $1.9 billion.
Revenue by Segment
Forward Guidance
Kennedy Wilson is focused on expanding its real estate debt business and pursuing equity and debt opportunities across the real estate capital structure.
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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