What Analysts Predict For KKR & Co. Inc. ($KKR) 2Q20?

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KKR & Co. Inc. (NYSE:KKR) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, KKR to report 2Q20 income of $ 0.36 per share.

For the full year, analysts anticipate top line of $ 3492.31 million, while looking forward to income of $ 1.48 per share bottom line.

Previous Quarter Performance

KKR & Co. Inc. reported income for the first quarter of $ 0.42 per share, from the revenue of $ 943.16 million. The quarterly earnings swell 10.53 percent while revenues developed 10.95 percent compared with the same quarter last year. The consensus estimates are $ 932.60 million in revenue The top line results outshined analysts by $ 10.56 million or 1.13 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of KKR & Co. Inc.

Stock Performance

According to the previous trading day, closing price of KKR was $ 35.80, representing a 130.23 % increase from the 52 week low of $ 15.55 and a 0.5 % decrease over the 52 week high of $ 35.98.

The company has a market capital of $ 30.26 billion and is part of the Financial Services sector and Asset Management industry.

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Recent Analyst recommendations

  • On 15th July 2020, maintained by Credit Suisse Group at Neutral rating, with $ 34.00 target price.
  • On 14th July 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 35.00 target price.
  • On 13th July 2020, maintained by Oppenheimer at Outperform rating, with $ 40.00 target price.
  • On 10th July 2020, maintained by Bank of America at Buy rating, with $ 40.00 target price.
  • On 9th July 2020, maintained by Deutsche Bank at Hold rating, with $ 32.00 target price.
Recent Stock Dividend Announcement

On May 6, 2020, the board of directors authorized quarterly dividend of $ 0.135 per share to holders of record as of the close of business on May 18, 2020, with payment date of June 2, 2020 and ex-dividend date on May 15, 2020.

Conference Call

KKR & Co. Inc. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kkr.com

KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments.