Kilroy Realty Corporation Reports First Quarter Financial Results.

Business Wire (April 25, 2005)

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Kilroy Realty Corporation Reports First Quarter Financial Results.

LOS ANGELES -- Kilroy Realty Corporation (NYSE:KRC) today reported financial results for its first quarter ended March 31, 2005, with net income available for common shareholders of $12.7 million, or $0.44 per share, compared to $6.0 million, or $0.21 per share in the first quarter of 2004. Revenues from continuing operations in the first quarter totaled $59.2 million, compared to $53.3 million in the prior year's first quarter. Funds from operations (FFO) for the period totaled $25.0 million, or $0.77 per share, compared to $21.0 million, or $0.65 per share, in the year-earlier period.

All per-share amounts in this report are presented on a diluted basis.

"Southern California real estate markets continued to remai...

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