Yahoo

Unveiling KKR & Co. (KKR) Q1 Outlook: Wall Street Estimates for Key Metrics

Trade KKR on Coinbase

Wall Street analysts expect KKR & Co. Inc. (KKR) to post quarterly earnings of $1.28 per share in its upcoming report, which indicates a year-over-year increase of 11.3%. Revenues are expected to be $1.43 billion, up 19.1% from the year-ago quarter.

The consensus EPS estimate for the quarter has been revised 5.3% lower 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.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

That said, let's delve into the average estimates of some KKR & Co. metrics that Wall Street analysts commonly model and monitor.

Analysts' assessment points toward 'Fee Related Earnings- Management Fees' reaching $1.15 billion. The estimate suggests a change of +25.2% year over year.

The consensus estimate for 'Revenues- Fee Related Earnings' stands at $1.00 billion. The estimate points to a change of +21.6% from the year-ago quarter.

Analysts forecast 'Private Equity- Management Fees' to reach $433.71 million. The estimate points to a change of +29.5% from the year-ago quarter.

The combined assessment of analysts suggests that 'Private Equity- Net Monitoring and Transactions Fees' will likely reach $30.25 million. The estimate suggests a change of +59.9% year over year.

According to the collective judgment of analysts, 'Private Equity- Total Fee Related Revenue' should come in at $463.95 million. The estimate indicates a change of +31.2% from the prior-year quarter.

The average prediction of analysts places 'Private Equity- Realized Performance Income' at $505.98 million. The estimate suggests a change of +51.5% year over year.

The consensus among analysts is that 'Capital Markets Segment- Transaction Fees' will reach $239.54 million. The estimate points to a change of +4.5% from the year-ago quarter.

Analysts expect 'Assets Under Management - New Capital Raised' to come in at $29.79 billion. The estimate compares to the year-ago value of $30.54 billion.

Analysts predict that the 'Private Equity - Assets Under Management' will reach $235.37 billion. The estimate is in contrast to the year-ago figure of $209.40 billion.

It is projected by analysts that the 'Fee Paying Assets Under Management' will reach $624.18 billion. The estimate compares to the year-ago value of $526.05 billion.

Based on the collective assessment of analysts, 'Assets Under Management' should arrive at $766.90 billion. The estimate is in contrast to the year-ago figure of $664.32 billion.

The collective assessment of analysts points to an estimated 'Private Equity - Fee Paying Assets Under Management' of $155.93 billion. Compared to the current estimate, the company reported $124.05 billion in the same quarter of the previous year.

View all Key Company Metrics for KKR & Co. here>>>

Shares of KKR & Co. have experienced a change of +8.7% in the past month compared to the +12.2% move of the Zacks S&P 500 composite. With a Zacks Rank #5 (Strong Sell), KKR is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

KKR & Co. Inc. (KKR) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Mobilize your Website
View Site in Mobile | Classic
Share by: