💨 Abstract

Kite Realty Group Trust (KRG) reported its second-quarter profitability, meeting Wall Street expectations. The company's funds from operations were $111.5 million, or 51 cents per share, aligning with analysts' estimates. Revenue reached $213.4 million, slightly surpassing forecasts. KRG anticipates full-year funds from operations between $2.06 and $2.10 per share.

Courtesy: WTOP Staff