KKR beats by $0.14, beats on revs:
- Reports Q1 (Mar) earnings (ENI) of $0.65 per share, excluding non-recurring items, $0.14 better than the Capital IQ Consensus of $0.51; revenues rose 339.7% year/year to $715.9 mln vs the $297.88 mln Capital IQ Consensus.
- Strong investment performance primarily drove After-tax Economic Net Income of $549.9 million, or $0.65 per adjusted unit, for the first quarter of 2017.
- Book value was $10.3 billion as of March 31, 2017 or $12.80 per outstanding adjusted unit. As of March 31, 2017, Assets Under Management and Fee Paying Assets Under Management were $138 billion and $107 billion respectively, up 9% and 14%, respectively, compared to March 31, 2016.
No comments:
Post a Comment