U.S. markets open in 22 minutes
  • S&P Futures

    3,841.00
    +2.00 (+0.05%)
     
  • Dow Futures

    31,600.00
    +135.00 (+0.43%)
     
  • Nasdaq Futures

    12,603.25
    -60.50 (-0.48%)
     
  • Russell 2000 Futures

    2,210.20
    +20.50 (+0.94%)
     
  • Crude Oil

    66.02
    -0.07 (-0.11%)
     
  • Gold

    1,690.70
    -7.80 (-0.46%)
     
  • Silver

    25.24
    -0.05 (-0.19%)
     
  • EUR/USD

    1.1879
    -0.0045 (-0.38%)
     
  • 10-Yr Bond

    1.5920
    +0.0380 (+2.45%)
     
  • Vix

    26.26
    -2.31 (-8.09%)
     
  • GBP/USD

    1.3845
    +0.0017 (+0.12%)
     
  • USD/JPY

    108.6700
    +0.2880 (+0.27%)
     
  • BTC-USD

    50,911.87
    +177.92 (+0.35%)
     
  • CMC Crypto 200

    1,028.63
    +85.46 (+9.06%)
     
  • FTSE 100

    6,638.29
    +7.77 (+0.12%)
     
  • Nikkei 225

    28,743.25
    -121.07 (-0.42%)
     

KKR Real Estate: 4Q Earnings Snapshot

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

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.

_____

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