NYSE$KW
Kennedy-Wilson Holdings Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported a strong quarter driven by gains from real estate sales and increased property values.
Kennedy Wilson reported a record quarter with significant gains from asset sales and strong demand for real estate, leading to increased property values. Adjusted EBITDA reached $410 million, driven by gains from real estate sales and increased fair values. The company completed $1.7 billion in investment transactions and launched a new $1.5 billion U.S. Multifamily Platform.
- Adjusted EBITDA reached $410 million, a significant increase from $73 million in Q2 2020.
- Completed $1.7 billion in Investment Transactions, growing estimated annual NOI and Fee-Bearing Capital.
- Launched a new $1.5 billion U.S. Multifamily Platform with a global institutional investor.
- Fee-Bearing Capital increased by 10% to $4.5 billion as of June 30, 2021.
Headline financials
Revenue & EPS history
Kennedy-Wilson · Revenue · Quarterly
$108M
Revenue by segment
Kennedy-Wilson · $96.9M total across 2 segments · Q2 2021
- Rental$94.7M-4.2%97.7%
- Hotel$2.2M+2100.0%2.3%
Forward guidance
Kennedy Wilson will maintain its focus on reinvesting proceeds from recent asset sales and expanding its existing platforms to drive further growth in recurring cash flow over the long term.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
-0.0%
Avg return
Earnings day
+0.5%
Avg return
5 days after
-0.0%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+13.1%
Q4 2015
Best reaction
-8.8%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +0.9% | +0.8% | |
| Q4 2025 | -0.1% | +0.6% | +0.7% | |
| Q3 2025 | -2.3% | -1.0% | -1.0% | |
| Q1 2025 | -7.0% | -2.9% | -0.8% | |
| Q4 2024 | +4.4% | +7.2% | -6.1% | |
| Q3 2024 | +1.4% | +5.4% | +1.9% | |
| Q2 2024 | +3.6% | +1.8% | +9.4% | |
| Q1 2024 | +11.6% | +18.4% | +11.0% | |
| Q4 2023 | -6.4% | -16.9% | -18.8% | |
| Q3 2023 | -4.0% | -4.2% | -8.6% | |
| Q2 2023 | +0.1% | +1.9% | -2.3% | |
| Q1 2023 | -8.8% | -10.0% | -0.2% | |
| Q4 2022 | -3.1% | -4.8% | -10.8% | |
| Q3 2022 | -5.6% | -2.8% | +1.4% | |
| Q2 2022 | -3.6% | +0.1% | -11.1% | |
| Q1 2022 | -2.0% | -8.0% | -7.0% | |
| Q4 2021 | -2.1% | -3.2% | +6.6% | |
| Q3 2021 | +3.6% | +5.6% | -1.2% | |
| Q2 2021 | +3.2% | +3.5% | +9.9% | |
| Q1 2021 | -3.2% | -3.8% | -3.7% | |
| Q4 2020 | +2.4% | +2.0% | +13.3% | |
| Q3 2020 | +2.6% | +6.0% | +18.6% | |
| Q2 2020 | -4.4% | +0.7% | -2.1% | |
| Q1 2020 | +5.5% | +3.1% | +25.3% | |
| Q4 2019 | -2.8% | -1.9% | -35.9% | |
| Q3 2019 | +0.5% | +1.8% | -1.2% | |
| Q2 2019 | +4.3% | -1.1% | -2.4% | |
| Q1 2019 | +1.9% | +4.5% | -4.6% | |
| Q4 2018 | -0.5% | +0.6% | +2.4% | |
| Q3 2018 | +5.4% | +2.8% | +4.1% | |
| Q2 2018 | +4.1% | +4.3% | +2.6% | |
| Q1 2018 | -2.1% | -0.3% | +7.1% | |
| Q4 2017 | +0.6% | -0.9% | +3.3% | |
| Q3 2017 | -1.5% | -0.8% | -1.5% | |
| Q2 2017 | -0.8% | -1.8% | -3.5% | |
| Q1 2017 | -2.2% | -1.7% | -2.5% | |
| Q4 2016 | +3.1% | +3.8% | -0.2% | |
| Q3 2016 | +5.1% | +7.1% | -0.2% | |
| Q2 2016 | +1.3% | +1.8% | +7.0% | |
| Q1 2016 | -3.0% | — | — | |
| Q4 2015 | +13.1% | — | — | |
| Q3 2015 | +4.7% | — | — | |
| Q2 2015 | -3.8% | — | — | |
| Q1 2015 | -2.2% | — | — | |
| Q4 2014 | +1.5% | — | — | |
| Q3 2014 | -1.5% | — | — | |
| Q2 2014 | +6.1% | — | — | |
| Q1 2014 | +5.0% | — | — | |
| Q4 2013 | -0.3% | — | — | |
| Q3 2013 | +1.7% | — | — | |
| Q2 2013 | +1.2% | — | — | |
| Q1 2013 | +3.3% | — | — | |
| Q4 2012 | -4.1% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | -0.3% | — | — | |
| Q1 2011 | +0.0% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q4 2009 | -5.0% | — | — | |
| Q4 2011 | -5.0% | — | — | |
| Q3 2010 | -7.4% | — | — | |
| Q3 2011 | -7.4% | — | — | |
| Q2 2011 | -2.2% | — | — | |
| Q2 2010 | -2.2% | — | — | |
| Q4 2010 | -1.2% | — | — | |
| Q1 2010 | +2.9% | — | — |
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