KREF beat EPS expectations by 7.74%
Jul 23, 2024, 12:33 AM
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What does KREF do
KKR Real Estate Finance Trust, Inc., headquartered in New York City, specializes in originating and acquiring senior loans secured by commercial real estate, focusing on properties with strong market fundamentals. The company, which went public in 2017, aims to preserve capital and generate attractive risk-adjusted returns primarily through dividends.
KKR Real Estate Finance Trust (KREF) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, KKR Real Estate Finance Trust's actual EPS was -$1.57, beating the estimate of -$1.70 per share, resulting in a 7.74% surprise.
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