Kite Realty Group Trust reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 203.99 million compared to USD 195.68 million a year ago. Revenue was USD 207.22 million compared to USD 200.31 million a year ago. Net income was USD 2.07 million compared to net loss of USD 7.84 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.
For the nine months, sales was USD 612.89 million compared to USD 582.77 million a year ago. Revenue was USD 622.73 million compared to USD 597.31 million a year ago. Net income was USD 39.52 million compared to net loss of USD 11.51 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to diluted loss per share from continuing operations of USD 0.05 a year ago.