Kilroy Realty Q2 FFO Tops View - Quick Facts

(RTTNews) - Kilroy Realty Corp. (KRC) Monday said its second-quarter funds from operations or FFO were $55.2 million, or $0.69 per share, compared to $39.5 million, or $0.55 per share in the same period last year. On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.62 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile net income available to common stockholders for the latest second quarter was $6.6 million or $0.08 per share, compared to net loss of $0.8 million or $0.02 per share in the year-ago period.

Second quarter revenues increased to $124.48 million, up from $97.11 million last year, while the Street expected revenues of $110.60 million.