Earnings Call Summary | KKR Real Estate Finance Trust(KREF.US) Q1 2024 Earnings Conference
Earnings Call Summary | KKR Real Estate Finance Trust(KREF.US) Q1 2024 Earnings Conference
The following is a summary of the KKR Real Estate Finance Trust Inc. (KREF) Q1 2024 Earnings Call Transcript:
以下是KKR房地產金融信託公司（KREF）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
KKR Real Estate Finance Trust reported a GAAP net loss of $8.7 million or negative $0.13 per share in Q1 2024.
Distributable earnings for the quarter were $26.7 million or $0.39 per share.
The company's book value per share as of March 31, 2024, was $15.18, showing a roughly 2% decline quarter-over-quarter.
An increase in CECL allowance to $3.54 per share was reported from $3.06 per share in the previous quarter.
KKR paid a cash dividend of $0.25 per common share for the first quarter in mid-April.
KKR房地產金融信託基金報告稱，2024年第一季度GAAP淨虧損爲870萬美元，合每股虧損0.13美元。
本季度的可分配收益爲2670萬美元，合每股收益0.39美元。
截至2024年3月31日，該公司的每股賬面價值爲15.18美元，同比下降約2％。
據報道，CECL補貼從上一季度的每股3.06美元增加至每股3.54美元。
KKR在4月中旬支付了第一季度每股普通股0.25美元的現金股息。
Business Progress:
業務進展：
KKR is optimistic about business opportunities due to rising transactions volume, liquidity, and valuation stability.
The company plans to originate loans via its diverse CRE credit platform with an investment budget of around $10 billion this year.
The firm reports an existing pipeline worth approximately $20 billion, an increase compared to last year's average weekly pipeline.
Despite challenges in the office sector, KKR does not expect further negative impacts.
The company is positive about long-term demand in the life science sector, despite funding decreases.
KKR anticipates repayments to exceed future fundings throughout 2024 and continues to actively manage its REO portfolio.
KKR is focusing on the timeline and path for REO assets, potentially boosting earnings by $0.12/share by recycling these assets.
由於交易量、流動性和估值穩定性的增加，KKR對商機持樂觀態度。
該公司計劃通過其多元化的CRE信貸平台發放貸款，今年的投資預算約爲100億美元。
該公司報告稱，現有管道價值約200億美元，與去年的平均每週管道相比有所增加。
儘管辦公領域面臨挑戰，但KKR預計不會有進一步的負面影響。
儘管資金減少，但該公司對生命科學領域的長期需求持樂觀態度。
KKR預計，在整個2024年，還款額將超過未來的資金，並將繼續積極管理其REO投資組合。
KKR正在關注REO資產的時間表和路徑，通過回收這些資產，有可能將每股收益提高0.12美元。
More details: KKR Real Estate Finance Trust IR
更多詳情： KKR 房地產金融信託基金 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。