Kite Realty Group Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 205.84 million compared to USD 196.21 million a year ago. Revenue was USD 208.76 million compared to USD 202.61 million a year ago. Net income was USD 32.06 million compared to USD 13.13 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.06 a year ago.
For the six months, sales was USD 408.9 million compared to USD 387.1 million a year ago. Revenue was USD 415.51 million compared to USD 397 million a year ago. Net income was USD 37.45 million compared to net loss of USD 3.67 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to diluted loss per share from continuing operations of USD 0.02 a year ago.