KKR Real Estate's Mixed Financial Results: A Closer Look

Financial Overview

• Profit: $13.8 million for the quarter

• Per Share: 12 cents

• Adjusted Loss: 3 cents per share

• Revenue: $108 million
• Adjusted Revenue: $25.3 million

Analysis

Headline Numbers vs. Adjusted Figures

• Profit vs. Loss:
• Headline Profit: $13.8 million

• Adjusted Loss: 3 cents per share

• Revenue Discrepancy:
• Reported Revenue: $108 million
• Adjusted Revenue: $25.3 million

Industry Context

• Volatility: The real estate finance sector is known for significant fluctuations in profits and losses from quarter to quarter.

Investor Considerations

• Beyond Headlines: It's essential to look beyond the headline numbers and understand the adjustments and context for a clearer picture of the company's performance.