- Economic net income of $508.7M vs. $613.7M one year ago. ENI after taxes per unit of $0.50 vs. $0.80.
- Distributable earnings of $504.8M vs. $251.1M a year ago thanks to fast pace of realizations. Distribution per unit of $0.45 vs. $0.23.
- Private Markets AUM of $59.2B. Segment revenues of $631.6M vs. $788.5M a year ago. ENI of $399M vs. $531.8M. Lower investment income and a lower level of appreciation (up 2.2% for the Q) in the portfolio drove the declines.
- Public Markets AUM of $37B. Segment revenues of $93.6M vs. $83.5M a year ago thanks to higher management fees reflecting new capital raised. ENI of $48.1M vs. $37.6M.
- Capital Market revenues of $93.4M vs. $58M a year ago thanks to a greater level of deals. ENI of $61.6M vs. $44.4M.
- ROE of 24.7% during quarter.
- Conference call at 10 ET
- Previously: KKR beats by $0.06, beats on revenue
- KKR +3% premarket