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KKR & Co
| 02.02.2019, 00:10 (Dieser Beitrag wurde zuletzt bearbeitet: 02.02.2019, 00:11 von Ca$hmandt.)
Financial | Asset Management | USA
KKR reports 23.5 pct rise in fourth-quarter earnings
NEW YORK, Feb 1 (Reuters) - Private equity firm KKR & Co Inc reported a 23.5 percent year-on-year rise in distributable earnings on Friday, as it sold down stakes in industrial machinery maker Gardner Denver Holdings Inc and optical retailer National Vision.
After-tax distributable earnings (DE) - the cash available for paying dividends - totaled $460.1 million for the last three months of 2018, up from $372.6 million a year earlier, KKR said.
This bucked the trend set on Thursday by private equity rivals Apollo Global Management LLC and Blackstone Group LP, which reported year-on-year drops of 20.4 percent and 42 percent, respectively, in DE.
KKR said DE per share came in at 55 cents for the quarter, up from 45 cents a year earlier. Jefferies analysts, who rate KKR's stock "buy", said the earnings were ahead of market consensus for 49 cents per share, supported by transaction fees and performance income.
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https://finance.yahoo.com/news/kkr-repor...44446.html
![[Bild: KKRc1dl1709.png]](https://finviz.com/publish/020119/KKRc1dl1709.png)
KKR reports 23.5 pct rise in fourth-quarter earnings
NEW YORK, Feb 1 (Reuters) - Private equity firm KKR & Co Inc reported a 23.5 percent year-on-year rise in distributable earnings on Friday, as it sold down stakes in industrial machinery maker Gardner Denver Holdings Inc and optical retailer National Vision.
After-tax distributable earnings (DE) - the cash available for paying dividends - totaled $460.1 million for the last three months of 2018, up from $372.6 million a year earlier, KKR said.
This bucked the trend set on Thursday by private equity rivals Apollo Global Management LLC and Blackstone Group LP, which reported year-on-year drops of 20.4 percent and 42 percent, respectively, in DE.
KKR said DE per share came in at 55 cents for the quarter, up from 45 cents a year earlier. Jefferies analysts, who rate KKR's stock "buy", said the earnings were ahead of market consensus for 49 cents per share, supported by transaction fees and performance income.
...
https://finance.yahoo.com/news/kkr-repor...44446.html
