earnings
confidence high
sentiment positive
materiality 0.85
Kilroy Realty Q3 net income $1.31/diluted share; FFO $1.08; raises FY25 FFO guidance to $4.18-4.24
KILROY REALTY CORP
2025-Q3 EPS reported
$2.21
revenue$840,480,000
- Revenue $279.7M vs $289.9M YoY; net income $156.2M (up from $52.4M) driven by $127M gain on sale.
- FFO $130.6M ($1.08/diluted) vs $140.4M ($1.17) YoY; stabilized portfolio 81.0% occupied, 83.3% leased.
- Signed 552K sq ft leases in Q3; 84K sq ft at Kilroy Oyster Point Phase 2, on track to exceed 100K by year-end.
- Acquired Maple Plaza ($205.3M, 306K sq ft) in Beverly Hills; sold Silicon Valley campus for $365M.
- Issued $400M 5.875% 10-year senior notes due 2035; redeemed $400M 4.375% notes; dividend $0.54/quarter.