Kite Realty Group Reports Q4 FFO in Line with Estimates, Revenue Exceeds Expectations

Kite Realty Group Trust (KRG) announced its fourth-quarter financial results on Tuesday, meeting analyst expectations for funds from operations (FFO).

Key Metrics:

* FFO: $117.3 million or $0.53 per share
* Analysts' Consensus Estimate: $0.53 per share
* Net Income: $21.8 million or $0.10 per share
* Revenue: $214.7 million, surpassing analysts' estimate of $208.9 million

Full-Year Performance:

* FFO: $455.8 million
* Revenue: $841.8 million

Outlook:

For the full year, Kite Realty Group projects FFO between $2.02 and $2.08 per share.