secwatch.observer — SEC 8-K summary
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Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001025996-23-000110
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000102599623000110/0001025996-23-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000102599623000110/krc-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001025996-23-000110

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