Kilroy Realty Q1 FFO per share $1.22, up 5.2% YoY; maintains FY23 FFO guidance $4.30-$4.50

KILROY REALTY CORP

2023-Q1 EPS reported $0.48 revenue$292,802,000

Revenue $292.8M (+10.3% YoY); net income $0.48/diluted share (+6.7% YoY).
FFO $146.0M ($1.22/diluted) vs $137.8M ($1.16) in Q1 2022.
Stabilized portfolio 89.6% occupied, 91.6% leased; signed 286k sq ft leases.
Full-year 2023 FFO guidance $4.30-$4.50 per share, unchanged excluding executive retirement costs of $8-14M.
CEO John Kilroy to retire end of 2023; search ongoing, costs $8-14M in 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

KILROY REALTY CORP updated its the quarter ended March 31, 2023 guidance (reaffirmed).

Period: the quarter ended March 31, 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On April 26, 2023, Kilroy Realty Corporation issued a press release announcing its earnings for the quarter ended March 31, 2023 and distributed certain supplemental financial information.

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Source: SEC EDGAR

accession 0001025996-23-000110

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