KKR & Co Q4 Adj. EPS $1.00 Beats $0.93 Estimate, Sales $1.63B Beat $1.60B Estimate
Portfolio Pulse from Benzinga Newsdesk
KKR & Co (NYSE:KKR) reported Q4 adjusted earnings of $1.00 per share, surpassing the $0.93 estimate, and sales of $1.63B, exceeding the $1.60B estimate. This represents an 8.7% increase in earnings and a 9.99% increase in sales from the same period last year.
February 06, 2024 | 12:05 pm
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POSITIVE IMPACT
KKR & Co reported higher than expected Q4 earnings and sales, indicating strong financial performance and potential positive market response.
KKR's reported earnings and sales not only surpassed analyst expectations but also showed significant improvement from the previous year. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in KKR's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100