Kite Realty Group Trust (KRG) Q1 2025 Earnings Call Transcript


Kite Realty Group Trust (NYSE:KRG) Q1 2025 Earnings Conference Call April 30, 2025 1:00 PM ET

Company Participants

Bryan McCarthy – SVP of Corporate Marketing and Communications
John Kite – Chairman and CEO
Tom McGowan – President and COO
Heath Fear – EVP and CFO
Dave Buell – SVP and Chief Accounting Officer
Tyler Henshaw – SVP, Capital Markets and IR

Conference Call Participants

Todd Thomas – KeyBanc Capital Markets
Craig Mailman – Citi
Floris Van Dijkum – Compass Point
R.J. Milligan – Raymond James
Daniel Purpura – Green Street
Andrew Reale – Bank of America
Alexander Goldfarb – Piper Sandler
Dori Kesten – Wells Fargo
Wesley Golladay – Baird
Linda Tsai – Jefferies

Operator

Good day, and thank you for standing by. Welcome to the Kite Realty Group Trust First Quarter 2025 Earnings Conference Call [Operator Instructions]. Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your host for today’s conference, Bryan McCarthy, Senior Vice President of Corporate Marketing and Communications. Please go ahead.

Bryan McCarthy

Thank you. And good afternoon, everyone. Welcome to Kite Realty Group’s first quarter earnings call. Some of today’s comments contain forward-looking statements that are based on assumptions of future events and are subject to inherent risks and uncertainties. Actual results may differ materially from these statements. For more information about the factors that can adversely affect the company’s results, please see our SEC filings, including our most recent Form 10-K. Today’s remarks also include certain non-GAAP financial measures. Please refer to yesterday’s earnings press release available on our Web site for reconciliation of these non-GAAP performance measures to our GAAP financial results. On the call with me today from Kite Realty Group are Chairman and Chief Executive Officer, John Kite; President and Chief Operating Officer, Tom McGowan; Executive Vice President and Chief Financial Officer, Heath Fear; Senior Vice President and



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