KKR & Co. L.P. (KKR) Set to Announce Quarterly Earnings on Thursday
KKR & Co. L.P. (NYSE:KKR) will issue its Q214 quarterly earnings data on Thursday, July 24th. Analysts expect the company to announce earnings of $0.64 per share and revenue of $297.80 million for the quarter.
KKR & Co. L.P. (NYSE:KKR) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.30. The company had revenue of $302.93 million for the quarter, compared to the consensus estimate of $279.30 million. During the same quarter in the prior year, the company posted $0.88 earnings per share. The company’s quarterly revenue was up 100.3% on a year-over-year basis. On average, analysts expect KKR & Co. L.P. to post $2.71 EPS for the current fiscal year and $2.71 EPS for the next fiscal year.
Shares of KKR & Co. L.P. (NYSE:KKR) opened at 25.25 on Wednesday. KKR & Co. L.P. has a 52-week low of $18.74 and a 52-week high of $26.50. The stock has a 50-day moving average of $24.3 and a 200-day moving average of $23.84. The company has a market cap of $10.302 billion and a P/E ratio of 11.09.
A number of analysts have recently weighed in on KKR shares. Analysts at Deutsche Bank reiterated a “hold” rating on shares of KKR & Co. L.P. in a research note on Monday, July 14th. They now have a $24.00 price target on the stock, down previously from $25.00. On the ratings front, analysts at Credit Suisse upgraded shares of KKR & Co. L.P. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 9th. They now have a $33.00 price target on the stock. Finally, analysts at Zacks upgraded shares of KKR & Co. L.P. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 2nd. They now have a $27.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $27.59.
KKR & Co L.P. (NYSE:KKR) is a global investment company.
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