CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

KKR shares rise as quarterly profit hits record high

By Reuters News

** New York-based asset manager KKR KKR.N shares rise 2% to $98.4 premarket after posting record quarterly profit

** Q3 adj. net income jumps 29% to $1.6 bln, or $1.78 per share, beating analysts' average estimate of $1.59, according to data compiled by LSEG

** Fee-related earnings jump 27% to hit a record $1.32 bln, topping estimates of $1.24 bln - LSEG data

** Q3 asset sales include data center cooling company CoolIT Systems and private aviation infrastructure platform Atlantic Aviation.

** Co expects to return more than $40 bln to clients, over 50% above its previous annual record.

** KKR raises $25 billion in new capital, pushing assets under management above $800 bln

** Average rating of 20 of 24 analysts is "buy" and above, 4 "hold"; their median PT is $122 - LSEG

** Up to last close, stock has fallen 24.3% YTD

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.