Kilroy Realty Corp

KRC: XNYS (USA)
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Kilroy Earnings: Management Disposes Portfolio Assets To Generate Cash; Maintaining Our $59 FVE

Kilroy reported decent results for the second quarter, with funds from operations at $1.13 per share, 2.7% higher than the $1.10 per share reported in the same period last year. We think the firm is still trading at an attractive valuation, but substantial uncertainty abounds.

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