KKR & Co. L.P. (NYSE:KKR) announced its quarterly earnings results on Thursday. The asset manager reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.04), Bloomberg Earnings reports. The firm had revenue of $941.64 million during the quarter, compared to the consensus estimate of $367.36 million. KKR & Co. L.P. had a return on equity of 9.39% and a net margin of 35.65%. The firm’s revenue was up 95.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.40 EPS.
Shares of KKR & Co. L.P. (KKR) opened at $21.08 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $17,260.00, a P/E ratio of 10.59, a P/E/G ratio of 0.66 and a beta of 1.55. KKR & Co. L.P. has a 52-week low of $16.77 and a 52-week high of $24.50.
In other KKR & Co. L.P. news, major shareholder Holdings L.P. Valueact purchased 450,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The stock was bought at an average cost of $21.70 per share, with a total value of $9,765,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
KKR & Co. L.P. Company Profile
KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company’s business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties.
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