Wednesday, April 24, 2024
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Why Investment Firm KKR's Stock Is Surging Today

KKR & Co Inc (NYSE: KKR) reported Q3 FY23 asset management segment revenues of $1.46 billion, beating the consensus of $1.418 billion.

The private equity company reported after-tax adjusted distributable EPS of $0.88, down 7% Y/Y, which beat the consensus of $0.82.

In the insurance segment, net investment income rose to $1.36 billion from $1.05 billion in the prior year, reflecting higher ...

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