KKR & Co Inc reports results for the quarter ended September 30 - Earnings Summary

• KKR & Co Inc KKR.N reported quarterly adjusted earnings of $1.78​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.41. The mean expectation of nineteen analysts for the quarter was for earnings of $1.59 per share. Wall Street expected results to range from $1.52 to $1.64 per share.

• Revenue rose 1% to $1.76 billion from a year ago; analysts expected $2.60 billion.

• KKR & Co Inc's reported EPS for the quarter was $1.19​.

• The company reported quarterly net income of $1.12 billion.

• KKR & Co Inc shares had risen by 5.7% this quarter and lost 24.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

• In the last 30 days, eight 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," 4 "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 $122.00, about 20.9% above its last closing price of $96.48

This summary was machine generated from LSEG data November 9 at 02:31 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)