Kilroy Realty stock drops; Q2 earnings win overshadowed by office weakness
Kilroy Realty (KRC) Q2 earnings beat, but office occupancy and higher interest costs weigh on shares.
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Kilroy Realty (KRC) Q2 earnings beat, but office occupancy and higher interest costs weigh on shares.
Kilroy Realty stock drops; Q2 earnings win overshadowed by office weakness | Seeking Alpha
Kilroy Realty (
KRC
) shares fell ~4.59% to around $37.60 on Tuesday after the company reported better-than-expected Q2 results, with investors focusing more on ongoing operational challenges than the earnings beat.
The company
reported FFO
of $0.92 per share, beating estimates by $0.02, while revenue
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