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Kennedy-Wilson: 1Q Earnings Snapshot

BEVERLY HILLS, Calif. (AP) _ Kennedy-Wilson Holdings Inc. (KW) on Wednesday reported a loss of $5.6 million in its first quarter.

The Beverly Hills, California-based company said it had a loss of 7 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 32 cents per share.

The real estate investment and services company posted revenue of $123.3 million in the period.

Kennedy-Wilson shares have declined 41% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.12, a decline of 42% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KW at https://www.zacks.com/ap/KW