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Ahead of KKR & Co. (KKR) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that KKR & Co. Inc. (KKR - Free Report) will report quarterly earnings of $1.58 per share in its upcoming release, pointing to a year-over-year increase of 12.1%. It is anticipated that revenues will amount to $1.75 billion, exhibiting an increase of 19.5% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 61.8% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific KKR & Co. metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Fee Related Earnings- Management Fees' will reach $1.23 billion. The estimate indicates a year-over-year change of +15.3%.
Analysts predict that the 'Credit and Liquid Strategies- Ending AUM - Fee-paying AUM' will reach $302.52 billion. The estimate indicates a year-over-year change of +8.2%.
Based on the collective assessment of analysts, 'Revenues- Fee Related Earnings' should arrive at $1.24 billion. The estimate points to a change of +19.7% from the year-ago quarter.
The consensus estimate for 'Private Equity- Management Fees' stands at $476.22 million. The estimate indicates a year-over-year change of +20.8%.
The combined assessment of analysts suggests that 'Net Transaction and Monitoring Fees' will likely reach $287.53 million. The estimate suggests a change of -12.4% year over year.
It is projected by analysts that the 'Assets Under Management - New Capital Raised' will reach $27.85 billion. The estimate is in contrast to the year-ago figure of $42.61 billion.
According to the collective judgment of analysts, 'Private Equity - Assets Under Management' should come in at $261.97 billion. Compared to the present estimate, the company reported $222.19 billion in the same quarter last year.
Analysts forecast 'Fee Paying Assets Under Management' to reach $654.61 billion. Compared to the present estimate, the company reported $585.05 billion in the same quarter last year.
Analysts expect 'Real Assets Segment- Ending AUM - Fee-paying AUM' to come in at $180.00 billion. Compared to the current estimate, the company reported $155.74 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Assets Under Management' of $820.37 billion. Compared to the present estimate, the company reported $723.19 billion in the same quarter last year.
The average prediction of analysts places 'Real Assets Segment - AUM - end of period' at $219.18 billion. Compared to the present estimate, the company reported $186.34 billion in the same quarter last year.
Analysts' assessment points toward 'Private Equity - Fee Paying Assets Under Management' reaching $172.09 billion. The estimate is in contrast to the year-ago figure of $149.73 billion.
Over the past month, shares of KKR & Co. have returned +5.9% versus the Zacks S&P 500 composite's -2% change. Currently, KKR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Ahead of KKR & Co. (KKR) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Wall Street analysts forecast that KKR & Co. Inc. (KKR - Free Report) will report quarterly earnings of $1.58 per share in its upcoming release, pointing to a year-over-year increase of 12.1%. It is anticipated that revenues will amount to $1.75 billion, exhibiting an increase of 19.5% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 61.8% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific KKR & Co. metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Fee Related Earnings- Management Fees' will reach $1.23 billion. The estimate indicates a year-over-year change of +15.3%.
Analysts predict that the 'Credit and Liquid Strategies- Ending AUM - Fee-paying AUM' will reach $302.52 billion. The estimate indicates a year-over-year change of +8.2%.
Based on the collective assessment of analysts, 'Revenues- Fee Related Earnings' should arrive at $1.24 billion. The estimate points to a change of +19.7% from the year-ago quarter.
The consensus estimate for 'Private Equity- Management Fees' stands at $476.22 million. The estimate indicates a year-over-year change of +20.8%.
The combined assessment of analysts suggests that 'Net Transaction and Monitoring Fees' will likely reach $287.53 million. The estimate suggests a change of -12.4% year over year.
It is projected by analysts that the 'Assets Under Management - New Capital Raised' will reach $27.85 billion. The estimate is in contrast to the year-ago figure of $42.61 billion.
According to the collective judgment of analysts, 'Private Equity - Assets Under Management' should come in at $261.97 billion. Compared to the present estimate, the company reported $222.19 billion in the same quarter last year.
Analysts forecast 'Fee Paying Assets Under Management' to reach $654.61 billion. Compared to the present estimate, the company reported $585.05 billion in the same quarter last year.
Analysts expect 'Real Assets Segment- Ending AUM - Fee-paying AUM' to come in at $180.00 billion. Compared to the current estimate, the company reported $155.74 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Assets Under Management' of $820.37 billion. Compared to the present estimate, the company reported $723.19 billion in the same quarter last year.
The average prediction of analysts places 'Real Assets Segment - AUM - end of period' at $219.18 billion. Compared to the present estimate, the company reported $186.34 billion in the same quarter last year.
Analysts' assessment points toward 'Private Equity - Fee Paying Assets Under Management' reaching $172.09 billion. The estimate is in contrast to the year-ago figure of $149.73 billion.
View all Key Company Metrics for KKR & Co. here>>>Over the past month, shares of KKR & Co. have returned +5.9% versus the Zacks S&P 500 composite's -2% change. Currently, KKR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .