Kite Realty Group Trust reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 197.26 million compared to USD 199.58 million a year ago. Revenue was USD 200.28 million compared to USD 204.69 million a year ago. Net income was USD 7.98 million compared to net loss of USD 1.13 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.
For the full year, sales was USD 810.15 million compared to USD 782.35 million a year ago. Revenue was USD 823 million compared to USD 802 million a year ago. Net income was USD 47.5 million compared to net loss of USD 12.64 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to diluted loss per share from continuing operations of USD 0.06 a year ago.