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Kkr Reit (KREF)
:KREF
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Kkr Real Estate Finance (KREF) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 10, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.15
Last Year’s EPS
-0.21
Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 21, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment with KREF's expansion into the European market and strong liquidity and financing strength as positive highlights. However, the distributable loss and downgrading of the Cambridge Life Science loan reflected significant challenges. The robust origination pipeline suggests potential growth, but immediate financial performance is under pressure.
Company Guidance
During the third quarter 2025 conference call, KKR Real Estate Finance Trust Inc. reported several key metrics and provided guidance on future activities. The company recorded a GAAP net income of $8 million, equating to $0.12 per share, and a book value per share of $13.78 as of September 30, 2025. Despite a distributable loss of $2 million, primarily due to acquiring a Raleigh multifamily property, distributable earnings (DE) before net realized losses were $12 million, or $0.18 per share. A cash dividend of $0.25 per share was paid for the quarter. The company anticipates over $400 million in originations in the fourth quarter, having already closed $110 million in the U.S. and Europe. Total financing availability stands at $7.7 billion, with $3.1 billion undrawn. The REO portfolio is expected to unlock $0.13 per share in earnings each quarter over time, with a current portfolio risk rating of 3.1 out of 5 and a CECL reserve of $160 million. The company successfully upsized its Term Loan B by $100 million to $650 million, reducing its coupon to SOFR plus 250 basis points, and ended the quarter with a liquidity of $933 million.
European Market Expansion
KREF closed its first real estate credit loan in Europe, secured by a 92.5% occupied portfolio of 12 light industrial assets across Paris and Lyon, France. This transaction highlights KREF's ability to leverage KKR's global resources. Over the last few years, KREF has originated over $2.5 billion in Europe.
Liquidity and Financing Strength
KREF successfully upsized its Term Loan B by $100 million to $650 million, with a repricing of 75 basis points tighter, reducing the coupon to SOFR plus 250 basis points. The corporate revolver was also increased to $700 million, resulting in a near-record liquidity level of $933 million.
Strong Origination Pipeline
For the fourth quarter, KREF expects over $400 million in originations and has already closed $110 million across the United States and Europe, indicating robust market activity.

Kkr Real Estate Finance (KREF) 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

KREF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 10, 2026
2025 (Q4)
0.15 / -
-0.21
Oct 21, 2025
2025 (Q3)
0.02 / -0.03
0.37-108.11% (-0.40)
Jul 22, 2025
2025 (Q2)
-0.02 / -0.04
-1.5797.45% (+1.53)
Apr 23, 2025
2025 (Q1)
0.28 / 0.25
0.39-35.90% (-0.14)
Feb 03, 2025
2024 (Q4)
-0.13 / -0.21
-0.3743.24% (+0.16)
Oct 21, 2024
2024 (Q3)
0.34 / 0.37
0.2548.00% (+0.12)
Jul 22, 2024
2024 (Q2)
-1.71 / -1.57
0.48-427.08% (-2.05)
Apr 23, 2024
2024 (Q1)
0.34 / 0.39
0.48-18.75% (-0.09)
Feb 06, 2024
2023 (Q4)
0.37 / -0.37
0.18-305.56% (-0.55)
Oct 23, 2023
2023 (Q3)
0.04 / 0.25
0.5-50.00% (-0.25)
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

KREF Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 21, 2025
$8.68$8.63-0.58%
Jul 22, 2025
$8.80$8.82+0.23%
Apr 23, 2025
$8.78$8.45-3.76%
Feb 03, 2025
$9.29$10.18+9.58%
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 Kkr Reit (KREF) report earnings?
Kkr Reit (KREF) is schdueled to report earning on Feb 10, 2026, After Close (Confirmed).
    What is Kkr Reit (KREF) earnings time?
    Kkr Reit (KREF) earnings time is at Feb 10, 2026, 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 KREF EPS forecast?
          KREF EPS forecast for the fiscal quarter 2025 (Q4) is 0.15.
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