KKR & CO INC reported a record quarterly net income of $1.6B, or $1.78 per share, on Monday morning. The result surpassed the consensus estimate of $1.59 per share compiled by LSEG. Shares rose 2% following the announcement.
KKR Posts Record Quarterly Profit
KKR reported a record quarterly profit as asset sales and management fees surged, pushing assets under management above 800 billion dollars. Adjusted net income jumped 29 percent to 1.6 billion dollars, beating analyst expectations.
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