KKR & Co. Inc. Reports First Quarter 2019 Results
KKR's first-quarter results stood in stark contrast to the mixed numbers it gave three months ago. Segment revenue, which is arguably the best indicator of performance for the business as a whole, jumped 25% to $850 million, which was stronger than the growth rate that most investors were prepared to see. After-tax distributable net income rose 33% to $314.1 million, and that produced distributable earnings of $0.38 per share, topping the consensus forecast among those following the stock for $0.37 per share.
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https://finance.yahoo.com/news/kkr-gets-...00546.html
KKR's first-quarter results stood in stark contrast to the mixed numbers it gave three months ago. Segment revenue, which is arguably the best indicator of performance for the business as a whole, jumped 25% to $850 million, which was stronger than the growth rate that most investors were prepared to see. After-tax distributable net income rose 33% to $314.1 million, and that produced distributable earnings of $0.38 per share, topping the consensus forecast among those following the stock for $0.37 per share.
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https://finance.yahoo.com/news/kkr-gets-...00546.html
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