The earnings call highlighted strong leasing activity and strategic dispositions, contributing to an optimistic outlook for the company. However, challenges such as declining occupancy and negative re-leasing spreads were noted. The ongoing Flower Mart project discussions also pose potential risks.

Company Guidance

During the Kilroy Realty Corporation Second Quarter 2025 Earnings Conference Call, the company provided updated guidance for the year, raising their 2025 FFO outlook to a range of $4.05 to $4.15 per share, a $0.15 increase at the midpoint. This adjustment reflects the cessation of Flower Mart capitalization by year-end, which accounts for $0.08 per share at the midpoint, alongside a significant lease termination fee recognized in the second quarter. The company also revised its same-property NOI growth expectations to a range of negative 1% to negative 2%, a 75 basis point improvement at the midpoint. Kilroy reported a strong quarter of execution, with over 400,000 square feet of new and renewal leases signed, particularly in San Francisco and San Diego. They highlighted the growth in active tenant demand in San Francisco, noting a 110% year-over-year increase in activity in the South of Market submarket, and significant progress at Kilroy Oyster Point with active lease negotiations for approximately 100,000 square feet expected to close in the third and fourth quarters. The company also announced the disposition of properties with expected gross proceeds of $480 million, reflecting a strategic focus on capital allocation and long-term cash flow growth.

Leasing Activity Surge

Signed over 400,000 square feet of new and renewal leases with significant strength in San Francisco and San Diego. San Francisco saw a 110% year-over-year increase in activity, while San Diego achieved the highest rate ever recorded for an office lease in the county.

Promising Development Leasing at Kilroy Oyster Point

Advanced to active lease negotiations on multiple transactions totaling approximately 100,000 square feet with life science and healthcare tenants, indicating strong demand despite the challenging life science ecosystem.

Strategic Dispositions and Capital Allocation

Announced the disposition of properties in Santa Monica and Silicon Valley, raising over $480 million in gross proceeds. Proceeds to be used for reinvestment opportunities and debt repayment.

FFO and Guidance Update

Raised 2025 FFO outlook to $4.05-$4.15 per share, a $0.15 increase at the midpoint. Cash same-property NOI growth in the second quarter was 450 basis points.

Kilroy Realty (KRC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KRC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.29 / -	0.44	―	―	―
Jul 28, 2025	2025 (Q2)	0.31 / 0.57	0.41	39.02% (+0.16)	―
May 05, 2025	2025 (Q1)	0.32 / 0.33	0.42	-21.43% (-0.09)
Feb 10, 2025	2024 (Q4)	0.32 / 0.50	0.4	25.00% (+0.10)
Oct 28, 2024	2024 (Q3)	0.36 / 0.44	0.45	-2.22% (-0.01)	―
Jul 31, 2024	2024 (Q2)	0.40 / 0.41	0.47	-12.77% (-0.06)	―
May 02, 2024	2024 (Q1)	0.43 / 0.42	0.48	-12.50% (-0.06)	―
Feb 05, 2024	2023 (Q4)	0.39 / 0.40	0.45	-11.11% (-0.05)	―
Oct 25, 2023	2023 (Q3)	0.35 / 0.45	0.68	-33.82% (-0.23)	―
Jul 31, 2023	2023 (Q2)	0.36 / 0.47	0.4	17.50% (+0.07)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KRC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 28, 2025	$36.61	$38.32	+4.67%
May 05, 2025	$31.38	$30.33	-3.35%
Feb 10, 2025	$35.63	$34.69	-2.64%
Oct 28, 2024	$39.77	$39.45	-0.80%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Kilroy Realty (KRC) report earnings?

Kilroy Realty (KRC) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Kilroy Realty (KRC) earnings time?

Kilroy Realty (KRC) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KRC EPS forecast?

KRC EPS forecast for the fiscal quarter 2025 (Q3) is 0.29.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing