Kilroy Realty Corporation Profit Retreats 15% In Q1

(RTTNews) - Kilroy Realty Corporation (KRC) announced earnings for first quarter that decreased compared to the same period last year.

The company said its bottom line totaled $78.19 million, or $0.82 per share. This was lower than $91.53 million, or $1.01 per share, in last year's first quarter.

Analysts had expected the company to earn $0.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.4% to $145.45 million. This was down from $146.08 million last year.

Kilroy Realty Corporation earnings at a glance:

-Earnings (Q1): $78.19 Mln. vs. $91.53 Mln. last year. -Earnings Decline (Y-o-Y): -14.6% -EPS (Q1): $0.82 vs. $1.01 last year. -EPS Decline (Y-o-Y): -18.8% -Analysts Estimate: $0.81 -Revenue (Q1): $145.45 Mln vs. $146.08 Mln last year. -Revenue Change (Y-o-Y): -0.4%

-Guidance: Full year EPS guidance: $3.36 - $3.50