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Kennedy-Wilson: 4Q Earnings Snapshot

02/24/2021 | 05:59pm EST

BEVERLY HILLS, Calif. (AP) _ Kennedy-Wilson Holdings Inc. (KW) on Wednesday reported fourth-quarter net income of $174.3 million.

The Beverly Hills, California-based company said it had profit of $1.21 per share. Earnings, adjusted for non-recurring costs, came to $1.59 per share.

The real estate investment and services company posted revenue of $106.5 million in the period.

For the year, the company reported profit of $110.1 million, or 66 cents per share. Revenue was reported as $450.9 million.

Kennedy-Wilson shares have risen slightly more than 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.84, a fall of 13% in the last 12 months.

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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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