Kilroy Realty (NYSE:KRC) reported quarterly earnings of $1.17 per share. This is a 11.43 percent increase over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $281.69
Scotiabank analyst Nicholas Yulico downgrades Kilroy Realty (NYSE:KRC) from Sector Outperform to Sector Perform and lowers the price target from $53 to $43.
These three real estate investment trusts (REITs) hit new 52-week lows this week, demonstrating how the uncertainty about interest rates continues to plague the sector. Hudson Pacific Properties Inc. (NYSE: HPP), Kilroy Realty Corp.