AP NEWS

Kennedy-Wilson: 2Q Earnings Snapshot

August 1, 2018

BEVERLY HILLS, Calif. (AP) _ Kennedy-Wilson Holdings Inc. (KW) on Wednesday reported second-quarter earnings of $109.6 million.

The Beverly Hills, California-based company said it had profit of 77 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.20 per share.

The real estate investment and services company posted revenue of $218.3 million in the period.

Kennedy-Wilson shares have risen 22 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.10, an increase of 5.5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KW at https://www.zacks.com/ap/KW

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