KKR & Co. (KKR) Tops Q1 EPS by 21c; to Convert Into a Corporation

KKR & Co. (NYSE: KKR) reported Q1 EPS of $0.32, $0.21 better than the analyst estimate of $0.11.

KKR’s Board of Directors unanimously approves plan to convert from a partnership to a corporation, effective July 1, 2018. KKR expects to pay an annualized dividend of $0.50 per common share as a corporation and announces an increase in its available share repurchase authorization to $500 million, effective immediately.

For earnings history and earnings-related data on KKR & Co. (KKR) click here.

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