Kite Realty (KRG) Profit Soars on One-Off Gain, Challenging Sustainability Concerns

By Yahoo! Finance   |   1 month ago
Kite Realty (KRG) Profit Soars on One-Off Gain, Challenging Sustainability Concerns

Kite Realty Group Trust (KRG) saw a profit increase, driven by a one-time gain. Analysts predict future earnings decline and slow revenue growth. The company's net margin improved, but sustainability remains a concern. Investors should consider the quality of growth amidst non-recurring gains.

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