KKR & Co. Reports Q2 Economic Income Per Adjusted Unit Of $0.62

By RTT News, 
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KKR & Co. Reports Q2 Economic Income Per Adjusted Unit Of $0.62


(RTTNews.com) - KKR & Co. L.P. ( KKR ) reported second-quarter net income attributable to company of $178.22 million or $0.43 per share, compared to $15.13 million or $0.05 per share, last year. Economic net income after taxes per adjusted unit was $0.62 for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.65 for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $249.37 million from $166.38 million. Analysts expected revenue of $289.21 million for the quarter.

KKR declared a distribution of $0.67 per common unit, which includes $0.41 of realized cash carry.

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This article appears in: Earnings

Referenced Stocks: KKR , TRI

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