KKR & Co. Reports Third Quarter Non-GAAP EPS of $1.78, Beating Estimates
KKR & Co. (NYSE: KKR) reported third-quarter financial results that exceeded analyst expectations for both earnings and revenue. The firm posted a non-GAAP earnings per share (EPS) of $1.78, representing a beat of $0.20 over consensus estimates. Despite a year-over-year revenue decline of 17.5% to $4.56 billion, the top-line figure significantly outperformed market projections by $1.97 billion. The company demonstrated strong growth in its scale, reporting total Assets Under Management (AUM) of $804 billion, an 11% increase compared to the previous year. This expansion in AUM suggests continued momentum in capital raising and asset management capabilities despite fluctuations in quarterly revenue.
Topics: assets under management earnings beat financial results revenue
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