KKR Earnings Prediction
The chart below shows how KKR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KKR sees a -3.98% change in stock price 10 days leading up to the earnings, and a +3.57% change 10 days following the report. On the earnings day itself, the stock moves by +0.75%. This data can give you a slight idea of what to expect for the next quarter's release.
KKR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.36B
-25.92%
-33.15%
Gross Margin
--
--
--
Operating Margin
33.25%
24.91%
50.59%
Net Margin
31.78%
17.57%
44.32%
EPS
1.18
3.51%
84.37%
No Data Available
KKR Earnings Analysis
KKR & Co Inc Corporation (KKR.N) Earnings Conference Call
Positive
Fee Earnings Growth: Fee related earnings per share increased by 24% year over year to $0.94, marking the second highest quarterly figure in KKR's history.
Adjusted Net Income Increase: Adjusted net income rose by 32% year over year to $1.32 per share, also the second highest quarterly figure in KKR's history.
Capital Raising Milestone: Total new capital raised for 2024 reached $114 billion, the second most active year in KKR's history, significantly up from approximately $70 billion in 2023.
Record Capital Markets Fees: Capital Markets transaction fees for the year totaled $1 billion for the first time, with Q4 alone contributing $270 million, driven by strong deployment activity.
Dividend Increase Announcement: The annual dividend is set to increase from $0.70 to $0.74 per share, effective alongside Q1 2025 earnings, reflecting confidence in future performance.
Negative
Earnings Quality Decline: Total operating earnings for KKR were $1.23 per share, indicating a decline in earnings quality as these earnings comprised almost 80% of total segment earnings for the year, suggesting reliance on less durable revenue streams.
Private Equity Portfolio Performance: The Private Equity portfolio was flat in Q4, showing no growth quarter-over-quarter, which raises concerns about the momentum in this key segment.
Insurance Earnings Stagnation: Insurance operating earnings were $250,000,000, which did not show significant growth compared to previous quarters, indicating potential stagnation in this segment's performance.
Operating Expenses Increase: The overall operating expenses increased to $192,000,000 in Q4, which could pressure margins if revenue growth does not keep pace, reflecting potential inefficiencies in cost management.
Capital Raising Challenges: Despite raising $114,000,000,000 in new capital for 2024, only 15% came from flagship funds, highlighting a lack of traction in core investment strategies and reliance on alternative sources of capital.
KKR FAQs
How does KKR typically perform around its earnings report dates?
Is KKR & Co Inc (KKR) Q4 2024 Earnings Call Summary positive or negative?
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KKR Earning Call Sentiment
Earnings call transcript: KKR beats Q4 2024 expectations, stock falls
KKR.N
1.93%Positive
The earnings call summary and Q&A indicate robust financial performance, significant capital raised, and optimistic future guidance. Key positive factors include record high revenues, increased dividends, and strong fee-related earnings. Strategic partnerships and asset management growth further bolster sentiment. The Q&A reinforces confidence with positive outlooks on M&A, wealth management, and monetization. Despite some lack of clarity on specifics, the overall sentiment is strongly positive, suggesting a likely stock price increase exceeding 8% over the next two weeks.
