KKR & Co. Inc. (NYSE:KKR) is reporting third quarter earnings results on Friday 30th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.40 per share.
For the full year, analysts predict revenues of $ 3687.77 million, while looking forward to income of $ 1.58 per share.
Previous Quarter Performance
KKR & Co. Inc. posted income for the second quarter of $ 0.39 per share, from the revenue of $ 891.71 million. The quarterly revenues raised 14.37 percent compared with the same quarter last year. According to street consensus, KKR was expected to report 2Q20 income of $ 0.36 per share from revenue of $ 844.02 million. The bottom line results beat street analysts by $ 0.03 or 8.33 percent, at the same time, top line results outshined analysts by $ 47.69 million or 5.65 percent.
Stock Performance
Shares of KKR & Co. Inc. traded up $ 0.02 or 0.06 percent on Thursday, reaching $ 34.79 with volume of 2.73 million shares. KKR & Co. Inc. has traded high as $ 35.02 and has cracked $ 34.14 on the downward trend
According to the previous trading day, closing price of $ 34.79, representing a 123.60 % increase from the 52 week low of $ 15.55 and a 8.43 % decrease over the 52 week high of $ 37.97.
The company has a market capital of $ 29.40 billion and is part of the Financial Services sector and Asset Management industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.135 per share on August 4, 2020. The dividend were payable on September 1, 2020 to holders of record as of the close of business on August 17, 2020 and ex-dividend date on August 14, 2020.
Conference Call
KKR & Co. Inc. will be hosting a conference call at 10:00 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kkr.com
KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments.
