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Kennedy-Wilson: 2Q Earnings Snapshot

BEVERLY HILLS, Calif. (AP) _ Kennedy-Wilson Holdings Inc. (KW) on Wednesday reported second-quarter net income of $50.8 million.

On a per-share basis, the Beverly Hills, California-based company said it had profit of 36 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 75 cents per share.

The real estate investment and services company posted revenue of $143.7 million in the period.

Kennedy-Wilson shares have increased 18% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.52, an increase of 3% 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