KKR & Co. (KKR) Acquires Bettcher Industries from MPE Partners
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KKR (KKR) PT Raised to $87 at Deutsche Bank
November 3, 2021 6:42 AM EDTDeutsche Bank analyst Brian Bedell raised the price target on KKR (NYSE: KKR) to $87.00 (from $75.00) while maintaining a Buy rating.... More
KKR (KKR) PT Raised to $92 at JMP Securities
November 3, 2021 3:28 AM EDTJMP Securities analyst Devin Ryan raised the price target on KKR (NYSE: KKR) to $92.00 (from $83.00) while maintaining a Market Outperform rating.... More
KKR's earnings more than double on higher management fees, asset sales
November 2, 2021 7:07 AM EDTBy Chibuike Oguh
(Reuters) - KKR & Co Inc said on Tuesday its third-quarter distributable earnings more than doubled to $925.1 million, driven by strong growth in management fees and profit from asset sales in its private equity business.
KKR and other private equity firms have benefited from a flurry of mergers and acquisitions as the global economy has been recovering from the pandemic. Its peers Blackstone Inc and Carlyle Group Inc reported record earnings last month due to strong asset sales.
KKR said it generated $448 million in quarterly income from asset sales such as divestment of its... More
KKR & Co. (KKR) Tops Q3 EPS by 14c
November 2, 2021 6:52 AM EDTKKR & Co. (NYSE: KKR) reported Q3 EPS of $1.05, $0.14 better than the analyst estimate of $0.91. Revenue for the quarter came in at $4.48 billion versus the consensus estimate of $1.49 billion.
For earnings history and earnings-related data on KKR & Co. (KKR) click here.
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