=KKR reported earnings on Tue 25 Oct 2016 (b/o)

KKR beats by $0.06  :

• Reports Q3 (Sep) economic net income of $0.71 per share, $0.06 better than the Capital IQ Consensus of $0.65. 
• Private Markets monetization activity was the primary driver of After-tax Distributable Earnings of $461 million or $0.57 per adjusted unit eligible for distribution for the third quarter 2016
• Assets Under Management were $131 billion as of September 30, 2016, up 17% compared to September 30, 2015 as organic new capital raised exceeded $28 billion over the past twelve months
• Book value was $9.6 billion as of September 30, 2016, or $11.95 per outstanding adjusted unit
• Regular distribution per common unit of $0.16 was declared