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
KKR Earnings Analysis
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?
KKR's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -3.98% change leading up to the report and a +3.57% change in the 10 days following the release.
Is KKR & Co Inc (KKR) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
KKR Earning Call Sentiment
Earnings call transcript: KKR beats Q4 2024 expectations, stock falls
KKR.N
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