KKR & Co. (KKR) Misses Q4 EPS by 10c

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Argus Downgrades KKR (KKR) to Hold

February 12, 2015 8:46 AM EST

Argus downgraded KKR (NYSE: KKR) from Buy to Hold after the company reported 4Q14 economic net income (ENI) of $0.05 per unit, down sharply from $1.04 a year earlier and well below the $0.45 consensus.

"While ENI can be volatile due to mark-to-market adjustments, we... More