UPDATE: KKR Real Estate Finance Trust (KREF) Reports In-Line Q1 EPS, Revenues In-Line

KKR Real Estate Finance Trust (NYSE: KREF) reported Q1 EPS of $0.33, in-line with estimates. Revenue for the quarter came in at $10.4 million versus the consensus estimate of $10.37 million.

Reported net income attributable to common stockholders of $10.4 million, or $0.39 per basic and diluted share of common stock, for the three months ended March 31, 2017, as compared to net income attributable to common stockholders of $0.9 million, or $0.06 per basic and diluted share of common stock, for the three months ended March 31, 2016.

Reported Net Core Earnings of $8.9 million, or $0.33 per diluted share of common stock, for the three months ended March 31, 2017, as compared to Net Core Earnings of $5.7 million, or $0.38 per diluted share of common stock, for the three months ended March 31, 2016. Today, the Company declared a $0.25 dividend per share of common stock for the quarter ended June 30, 2017.

The dividend is payable on July 14, 2017 to common stockholders of record as of June 30, 2017

For earnings history and earnings-related data on KKR Real Estate Finance Trust (KREF) click here.

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