Kennedy-Wilson Holdings, Inc. (KW) CEO Bill McMorrow on Q3 2021 Results - Earnings Call Transcript

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Q3: 2021-11-03 Earnings Summary

EPS of $0.47 beats by $0.52
 | Revenue of $114.40M (0.18% Y/Y) misses by $8.96M

Kennedy-Wilson Holdings, Inc. (NYSE:KW) Q3 2021 Earnings Conference Call November 4, 2021 10:00 AM ET

Company Participants

Daven Bhavsar - Investor Relations
Bill McMorrow - Chairman and Chief Executive Officer
Mary Ricks - President
Matt Windisch - Executive Vice President
Justin Enbody - Chief Financial Officer

Conference Call Participants

Anthony Paolone - JPMorgan
Derek Johnston - Deutsche Bank
Sheila McGrath - Evercore ISI
Jamie Feldman - Bank of America/Merrill Lynch

Operator

Good morning and welcome to the Kennedy-Wilson Third Quarter 2021 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Daven Bhavsar. Please go ahead.

Daven Bhavsar

Thank you and good morning. This is Daven Bhavsar. And joining us today from Kennedy-Wilson are Bill McMorrow, Chairman and CEO; Mary Ricks, President; Matt Windisch, Executive Vice President; and Justin Enbody, Chief Financial Officer. Today’s call will be webcast live and will be archived for replay. The replay will be available by phone for 1 week and by webcast for 3 months. Please see the Investor Relations website for more information.

On this call, we will refer to certain non-GAAP financial measures, including adjusted EBITDA and adjusted net income. You can find a description of these items, along with a reconciliation of the most directly comparable GAAP financial measure and our third quarter 2021 earnings release, which is posted on the Investor Relations section of our website. Statements made during this call may include forward-looking statements. Actual results may materially differ from forward-looking information discussed on this call, due to a number of risks, uncertainties, and other factors indicated in reports and filings with the Securities and Exchange Commission.

I would now like to turn the call over to our Chairman and CEO, Bill McMorrow.

Bill McMorrow

Thanks, Daven, and good

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