8:09 am KKR beats by $0.12, beats on revs ( KKR) : Reports Q1 (Mar) earnings of $0.65 per share, $0.12 better than the Capital IQ Consensus Estimate of $0.53; revenues rose 100.3% year/year to $302.9 mln vs the $278.46 mln consensus.
Assets under management totaled $102.3 billion as of March 31, 2014, up from $94.3 billion as of December 31, 2013. Fee paying assets under management totaled $83.6 billion as of March 31, 2014, up from $77.4 billion as of December 31, 2013. Total distributable earnings was $446.8 million for the quarter ended March 31, 2014, up from $290.6 million for the quarter ended March 31, 2013. Economic net income was $630.3 million for the quarter ended March 31, 2014, down from $647.7 million for the quarter ended March 31, 2013.Return on equity was 25.9% on a trailing twelve month basis. |
