Kennedy-Wilson Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

Kennedy-Wilson Holdings Inc reported a quarterly adjusted loss of 15 cents per share for the quarter ended September 30, an improvement from a loss of 56 cents in the same quarter last year. Revenue decreased by 8.7% to $116.40 million, surpassing analyst expectations of $89.81 million. The company incurred a total loss of $21.2 million. Analysts maintain a "hold" rating on the stock, with a median 12-month price target of $9.00, slightly below its last closing price of $9.80.