Q2 25 EPS
$0.50
BEAT +435.91%
Est. $0.09
Q2 25 Revenue
$213.4M
BEAT +0.27%
Est. $212.8M
vs S&P Since Q2 25
+12.5%
BEATING MARKET
KRG +30.3% vs S&P +17.8%
Market Reaction
Did KRG Beat Earnings? Q2 2025 Results
Kite Realty Group posted a decisive beat in the second quarter of 2025, reporting earnings per share of $0.50 against a consensus estimate of $0.09, a 435.91% positive surprise, while revenue of $213.40 million edged past the $212.82 million estimate… Read more Kite Realty Group posted a decisive beat in the second quarter of 2025, reporting earnings per share of $0.50 against a consensus estimate of $0.09, a 435.91% positive surprise, while revenue of $213.40 million edged past the $212.82 million estimate and rose 0.5% year over year. The headline profit swing was the defining story of the quarter; net income attributable to common shareholders reached $110.32 million, compared to a net loss of $48.64 million in Q2 2024, driven primarily by $103.02 million in net gains on property sales and the absence of the $66.20 million impairment charge that weighed on the year-ago period. Central to the quarter's activity was KRG's deepening partnership with GIC, highlighted by the $785.00 million acquisition of Legacy West in the Dallas/Fort Worth market. Leasing fundamentals supported the picture as well, with blended cash leasing spreads of 17.0% across 170 executed leases. Management responded by raising full-year Core FFO guidance to $2.02 to $2.06 per diluted share, signaling confidence in continued portfolio momentum.
Key Takeaways
- • Same Property NOI growth of 3.3% year-over-year
- • Blended cash leasing spreads of 17.0% on 133 comparable leases
- • New anchor leases at 36.6% comparable cash leasing spreads
- • Operating retail ABR per square foot increased 5.4% year-over-year to $22.02
- • Small shop leased percentage increased 80 basis points year-over-year to 91.6%
- • Net gain on sales of operating properties of $103 million
- • Recovery ratio for retail properties improved to 92.0% from 91.6%
KRG YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
“The KRG team delivered another outstanding quarter, driven by strong operational performance, excellent execution on the transactional front, and an opportunistic bond issuance.”
— John A. Kite, Q2 2025 Earnings Press Release
KRG Earnings Trends
KRG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
KRG EPS Trend
Earnings per share: estimate vs actual
KRG Revenue Trend
Quarterly revenue: estimate vs actual
KRG Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.11 | $0.52 | +395.24% | $200.7M | +1.19% |
| Q4 25 BEAT FY | $0.10 | $0.84 | +740.00% | $204.9M | +0.22% |
| FY Full Year | $0.61 | $1.37 | +123.93% | $844.4M | +0.25% |
| Q3 25 MISS | $0.07 | $-0.07 | -204.95% | $205.1M | -1.88% |
| Q2 25 BEAT | $0.09 | $0.50 | +435.91% | $213.4M | +0.27% |
| Q1 25 BEAT | $0.10 | $0.11 | +15.79% | $221.8M | +5.07% |