KKR & Co. GAAP EPS of $0.50, revenue of $5.09B beats by $3.25B

21 hours ago 1

KKR & Co. press release (NYSE:KKR): Q2 GAAP EPS of $0.50.
Revenue of $5.09B (+22.1% Y/Y) beats by $3.25B.
FeeRelatedEarnings(“FRE”)of $887 million ($0.98/adj. share) in the quarter, up 17% yearover-year.
FRE was $3.6 billion in the LTM ($3.96/adj. share), up 34% year-over-year.
TotalOperating Earnings ("TOE") of $1.2 billion ($1.33/adj. share) in the quarter, up 14% year-over-year.
TOE was $4.7 billion in the LTM ($5.19/adj. share), up 26% year-over-year.
AdjustedNetIncome (“ANI”)of $1.1 billion ($1.18/adj. share) in the quarter, up 9% yearover-year.
ANI was $4.5 billion in the LTM ($4.98/adj. share), up 27% year-over-year.
AssetsUnderManagement(“AUM”)of $686 billion, up 14% year-over-year.