KKR & Co Q1 2024 Adj EPS $0.97 Beats $0.96 Estimate, Fee Related Earnings $0.75 Per Share
Portfolio Pulse from Benzinga Newsdesk
KKR & Co reported its Q1 2024 earnings with an adjusted EPS of $0.97, surpassing the consensus estimate of $0.96 by 1.04%. The company also reported fee-related earnings of $0.75 per share.
May 01, 2024 | 10:54 am
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KKR & Co reported a Q1 2024 adjusted EPS of $0.97, exceeding the consensus estimate of $0.96, with fee-related earnings of $0.75 per share.
Beating earnings estimates typically has a positive impact on a company's stock price in the short term as it indicates better-than-expected financial health and operational efficiency. KKR's performance, especially in exceeding EPS estimates and reporting substantial fee-related earnings, is likely to be viewed positively by investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100