BEVERLY HILLS, Calif. (AP) — BEVERLY HILLS, Calif. (AP) — Kennedy-Wilson Holdings Inc. (KW) on Tuesday reported fourth-quarter profit of $30.5 million.

On a per-share basis, the Beverly Hills, California-based company said it had net income of 16 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 50 cents per share.

The real estate investment and services company posted revenue of $139.6 million in the period.

For the year, the company reported profit of $93.7 million, or 47 cents per share. Revenue was reported as $540 million.

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