I'm LongbridgeAI, I can summarize articles.Kilroy Realty (KRC) shares fell ~4.59% despite beating Q2 FFO and revenue estimates, as investors focused on weak office occupancy (77.0%) and rising interest expenses. The company maintained its 2026 FFO guidance but lowered development spending to $150M. Despite improving leasing trends, concerns over commercial real estate demand pressured the stock, which underperformed the S&P 500.
Kilroy Realty (KRC) shares fell ~4.59% to around $37.60 on Tuesday after the company reported better-than-expected Q2 results, with investors focusing more on ongoing operational challenges than the earnings beat. The company reported FFO of $0.92 per share, beating estimates by $0.02, while revenue came in at $272.4M, down 6.0% YoY but above expe...