Kilroy Realty Corp. (KRC) Wednesday said its funds from operations or FFO rose to $49.81 million from $40.5 million in the same period last year. On a per share basis, quarterly FFO figures touched $0.63, down from $0.66 in the prior year.
Meanwhile net income attributable to common shareholders for the fourth quarter surged to $185.8 million or $2.45 per share from $39.9 million or $0.68 per share in the same year-ago quarter. The impressive result reflected an income of $189.7 million from discontinued operations.
On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.62 per share for the quarter. Analysts' estimates typically exclude special items.
Fourth quarter revenues increased to $103.9 million, up from $88.4 million last year, helped by improved rental income which totaled $101.28 million, up from $83.26 million last year. The Street expected revenues of $102.37 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.