KKR & Co Inc Q2 2023 Earnings Call Summary - Thomson StreetEvents

KKR & Co Inc Q2 2023 Earnings Call Summary

KKR & Co Inc Q2 2023 Earnings Call Summary - Thomson StreetEvents
KKR & Co Inc Q2 2023 Earnings Call Summary
Published Aug 07, 2023
16 pages (9322 words) — Published Aug 07, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of KKR.N earnings conference call or presentation 7-Aug-23 2:00pm GMT

  
Brief Excerpt:

...A. We're pleased to be reporting fee-related earnings per share of $0.67 and after-tax distributable earnings of $0.73 per share. B. Management fees in the quarter came in at $749 million. C. Net transaction and monitoring fees were $190 million in Q2, with Capital Markets generating $150 million of revenues. D. Capital Markets activity was most pronounced in our infrastructure business, which contributed approximately 45% of revenues in the quarter. E. And along with core private equity, these 2 strategies generated over 60% of Capital Markets' transaction fees in the quarter, reflecting the continued diversification of the business. F. So in total, fee-related revenues were $967 million. G. This was up 7% from last quarter and is up 25% year-over-year. H. Fee-related compensation was right at the midpoint of our guided range at 22.5% of fee-related revenues, and other operating expenses were $147 million. I. Putting this together, fee-related earnings came in at $602 million or $0.67...

  
Report Type:

Brief

Source:
Company:
Co Inc
Ticker
KKR.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "KKR & Co Inc Q2 2023 Earnings Call Summary" Aug 07, 2023. Alacra Store. May 04, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-KKR-Co-Inc-Earnings-Call-B15663472>
  
APA:
Thomson StreetEvents. (2023). KKR & Co Inc Q2 2023 Earnings Call Summary Aug 07, 2023. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-KKR-Co-Inc-Earnings-Call-B15663472>
  
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