KKR & Co Inc reports results for the quarter ended March 31 - Earnings Summary

• KKR & Co Inc KKR.N reported quarterly adjusted earnings of $1.15​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 97 cents. The mean expectation of sixteen analysts for the quarter was for earnings of $1.15 per share. Wall Street expected results to range from $1.06 to $1.32 per share.

• Revenue rose 4.6% to $2.05 billion from a year ago; analysts expected $1.74 billion.

• KKR & Co Inc shares had fallen by 1.2% this quarter and lost 22.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.2% in the last three months.​

• In the last 30 days, ten analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"

• Wall Street's median 12-month price target for KKR & Co Inc is $134.11

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)