Kennedy-Wilson: Fourth Quarter Earnings Overview

Kennedy-Wilson Holdings Announces Fourth Quarter Financial Results

Kennedy-Wilson Holdings Inc., headquartered in Beverly Hills, California, disclosed a net profit of $40.5 million for the fourth quarter.

The company’s earnings translated to $0.21 per share. When excluding one-time expenses and stock-based compensation, adjusted earnings were $0.49 per share.

During this quarter, the real estate investment and services firm generated $120.6 million in revenue.

For the full fiscal year, Kennedy-Wilson Holdings reported a total profit of $4.7 million, or $0.28 per share, with annual revenue reaching $501 million.