---
schema_version: "secwatch.filing_event.v1"
accession: "0001286043-22-000109"
form_type: "8-K"
ticker: "KRG"
cik: "0001286043"
company_name: "KITE REALTY GROUP TRUST"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T12:29:13.121563+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KRG Q3 FFO as adj $0.48/dil (+45% YoY), same-property NOI +4.4%; raises 2022 guidance

## Summary
- Net loss $7.8M ($0.04/dil); FFO as adjusted $0.48/dil, +45% YoY per share.
- Same-property NOI increased 4.4%; leased 1.6M sq ft (record) at 10.8% blended cash spreads.
- Raised 2022 FFO guidance to $1.86-$1.90 from $1.80-$1.86; same-property NOI guidance upped to 4.0%-5.0%.
- Acquired Palms Plaza for $35.8M; upsized revolver to $1.1B; issued $300M term loan at ~3.95% fixed for 3 years.
- Retail portfolio 94.0% leased; ABR $19.86/sq ft (+7.1% YoY); signed-not-open NOI $38M.

## SEC filing metadata
- accession: 0001286043-22-000109
- form_type: 8-K
- ticker: KRG
- cik: 0001286043
- company_name: KITE REALTY GROUP TRUST
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286043/000128604322000109/0001286043-22-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286043/000128604322000109/krg-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001286043-22-000109
- JSON: https://secwatch.observer/filing/0001286043-22-000109.json
- Plain text: https://secwatch.observer/filing/0001286043-22-000109.txt

## Key facts
- Earnings Releases
  KITE REALTY GROUP TRUST reported the quarter ended September 30, 2022 results: net income Net loss attributable to common shareholders of $7.8 million, EPS $0.04 per diluted share.
  - Period: the quarter ended September 30, 2022
  - Net income: Net loss attributable to common shareholders of $7.8 million
  - EPS: $0.04 per diluted share
  - Result: reported results
  source text: Net loss attributable to common shareholders of $7.8 million, or $0.04 per diluted share, compared to net loss of $7.0 million, or $0.08 per diluted share, for the quarters ended September 30, 2022 and 2021, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000128604322000109/0001286043-22-000109-index.htm
- Earnings Releases
  KITE REALTY GROUP TRUST updated its 2022 guidance (raised).
  - Period: 2022
  - Guidance: raised
  - Result: guidance update
  source text: The Company is raising its 2022 guidance for FFO, as adjusted, by five cents at the midpoint to $1.86 to $1.90 per diluted share from $1.80 to $1.86 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000128604322000109/0001286043-22-000109-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
