earnings
confidence high
sentiment neutral
materiality 0.70
Kilroy Realty Q4 FFO $1.17/share, up 11.4% YoY; FY2023 guidance $4.40-$4.60
KILROY REALTY CORP
2022-FY EPS reported
$1.97
revenue$1,096,987,000
- Q4 revenue $284.3M (+8.9% YoY); diluted EPS $0.45 (+12.5% YoY).
- FFO per diluted share $1.17 vs $1.05; stabilized portfolio 91.6% occupied.
- FY2023 FFO guidance $4.40-$4.60; same-store cash NOI growth 0-2%.
- Q4 leasing 328K sq ft; added $615M development/redevelopment to stabilized.
- Total liquidity ~$1.7B; quarterly dividend $0.54 per share.