Kilroy Realty Sees Profit Margin Jump, Earnings Growth, But Sustainability and Growth Remain Open Questions

Kilroy Realty's net profit margin jumped to 28.5% in its latest results, a significant increase from 17.6% last year. However, the company's five-year streak of annual earnings declines averages 17.1%, raising questions about the sustainability of the earnings. A one-off gain of $133 million is skewing recent results, and forecasts call for earnings to shrink by 52.3% per year.