KKR Real Estate: 4Q Earnings Snapshot
NEW YORK (AP) _ KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported fourth-quarter net income of $28.9 million.
On a per-share basis, the New York-based company said it had net income of 52 cents. Earnings, adjusted for non-recurring gains, were 48 cents per share.
The real estate finance company posted revenue of $34.4 million in the period.
For the year, the company reported profit of $54.4 million, or 96 cents per share. Revenue was reported as $141.9 million.
KKR Real Estate shares have risen 5.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.91, a decrease of 12% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KREF at https://www.zacks.com/ap/KREF
