KKR's quarterly assets under management miss estimates, shares fall
KKR & Co's fourth-quarter assets under management fell short of expectations on Tuesday, dampening the optimism around strength in its capital markets business and sending the company's shares to a two-week low.
KKR Q4 earnings top consensus, assets under management disappoint
Q4 adjusted EPS of $1.32, topping the average analyst estimate of $1.28, declined from $1.38 in Q3 and increased from $1.00 in Q4 2023. Fee-related earnings dropped to $843M, or $0.94 per adjusted share, from $1.00B, or $1.12 per adjusted share, in Q3 and climbed from $675.4M, or $0.76 per adjusted share, in Q4 2023.
KKR reports Q4 adjusted EPS $1.32, consensus $1.27
Reports Q4 asset management revenue $1.43B vs. $1.56B a year ago. “2024 was a strong year for KKR (KKR). Our key financial metrics including
KKR Real Estate: Q4 Earnings Snapshot
The real estate finance company posted revenue of $123.6 million in the period. Its adjusted revenue was $35.1 million. For the year, the company reported profit of $35.6 million, or 19 cents per share.
Earnings call transcript: KKR beats Q4 2024 expectations, stock falls
KKR & Co LP (KKR) reported its fourth-quarter 2024 earnings with adjusted net income at $1.32 per share, slightly above the forecast of $1.31. Revenue surged to $3.26 billion, significantly surpassing the expected $1.
KKR & Co. Inc. Q4 Profit Increases, Beats Estimates
KKR & Co. Inc. (KKR) released earnings for its fourth quarter that increased from the same period last year and beat the Street
KKR & Co. Inc. stock underperforms Tuesday when compared to competitors
Shares of KKR & Co. Inc. slid 8.53% to $149.30 Tuesday, on what proved to be an all-around positive trading session for the ...
KKR Raises Its Direct Stakes in Three Companies
The firm said it would increase its investment in the companies by $1.1 billion in total as part of its unusual strategy of ...
KKR Hikes Offer Price for Fuji Soft in Ongoing Battle With Rival Bain
Private equity giant KKR (KKR) has upped its offer price for Japan-based IT company Fuji Soft in its ongoing complex takeover ...
KKR Capital Markets Unit Reports Record $1 Billion of Fees
KKR & Co.’s business of arranging financing for its portfolio companies and other firms reported record annual fees last year ...
KKR Quarterly Profit Beats Expectation on Dealmaking Revival
Last week, larger rival Blackstone also beat quarterly profit expectations, driven by a pickup in dealmaking. KKR's assets ...
Pensions&Investments14h
KKR boosts earnings forecast for its long-term PE bets
KKR & Co. raised its forecast for earnings from long-term private equity wagers and announced that it will increase its ...
KKR 4Q Net Up on Lower Expenses as AUM Grows
KKR posted fourth-quarter net income growth as lower expenses offset a drop in revenue, and assets under management at the buyout firm grew as it prepared for a potential deal bonanza in the second ...
KKR, Gaw Look to Sell Tokyo Hyatt Regency for Over $640 Million
KKR & Co. and Gaw Capital Partners are in talks to sell the Hyatt Regency hotel in Tokyo to Japan Hotel REIT Investment Corp.
Distressed-debt investors hold tense talks over KKR-owned car parts maker
Marelli says it needs to fill ‘working capital gap’ as it grapples with $4.2bn in debt and falling demand from carmakers ...
Financials Drop as UBS, Apollo, KKR Slide on Earnings - Financials Roundup
Apollo Global Management shares fell after KKR's rival posted a drop in quarterly revenue. Apollo Chief Executive Marc Rowan said its of Argo Infrastructure Partners, a fund manager with about $6 ...