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KKR Real Estate Finance (KREF) Reports Q3 Loss, Lags Revenue Estimates

KKR Real Estate Finance (KREF) came out with a quarterly loss of 0.03pershareversustheZacksConsensusEstimateof0.03 per share versus the Zacks Consensus Estimate of 0.01. This compares to earnings of 0.4pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof400.000.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -400.00%. A quarter ago, it was expected that this real estate finance company would post a loss of 0.16 per share when it actually produced a loss of $0.53, delivering a surprise of -231.25%.Over the last four quarters, ...