KKR & Co. Inc. (KKR)
Final Trades: Cisco, KKR & Co, Dominion Energy and Uber
The Investment Committee give you their top stocks to watch for the second half.
KKR & Co. Inc. (KKR) Goldman Sachs 2024 US Financial Services Conference (Transcript)
KKR & Co. Inc. (NYSE:KKR ) Goldman Sachs 2024 US Financial Services Conference December 10, 2024 8:00 AM ET Company Participants Scott Nuttall - Co-Chief Executive Officer Conference Call Participants Alex Blostein - Goldman Sachs Alex Blostein Great. Well, good morning, and welcome to the Goldman Sachs' 35th Annual Financial Services Conference.
Australia's Perpetual sinks on adverse tax ruling over KKR deal
Shares of Perpetual fell nearly 10% on Tuesday after Australian tax authorities' review of its deal to sell wealth management and corporate trust businesses to KKR & Co revealed higher liabilities and lower shareholder returns.
Seven & i founding family sounded out KKR, others about buyout, Nikkei says
The founding family of Japan's Seven & i Holdings has approached KKR & Co and other investment firms about participating in the potential buyout of the retailer, the Nikkei newspaper reported on Saturday.
KKR raises tender offer price for Fuji Soft acquisition
Private equity firm KKR has raised its tender offer price for the acquisition of Japanese software developer Fuji Soft to 9,451 yen ($60.86) a share from 8,800 yen previously, the Japanese company said on Friday.
KKR: Great Business At An Unattractive Valuation (Downgrade)
KKR's stock has more than doubled in the past year due to strong inflows and cash flow, but it's time to take profits. The company reported strong financials with a 50% increase in adjusted net income and significant growth in AUM and management fees. Despite robust performance, the stock's recent rally may reflect overly optimistic expectations, leaving a minimal margin of safety and justifying a sell rating.
KKR becomes largest shareholder in Fuji Soft after successful tender offer
Private equity firm KKR has become the largest shareholder in Japanese software developer Fuji Soft after completing the first stage of a two-part tender offer, KKR said in a statement on Thursday.
KKR secures over one-third of Fuji Soft after first stage of tender offer, says source
Private equity firm KKR has secured more than one-third of the shares in Japanese software developer Fuji Soft after the first part of its two-stage buyout tender offer, a person familiar with the matter said on Wednesday.
KKR Q3: Strong Growth Prospects, High Valuation, Still A Hold
KKR reported better-than-expected Q3 earnings, driving the stock to all-time highs, with EPS growing 27% sequentially and 57% annually. Fee-related earnings surged 79.5% YoY, significantly outpacing Blackstone, which only grew at FRE 4.5%. Despite impressive growth and an optimistic outlook, KKR's valuation remains high at 30.6x price-to-segment revenue, making the stock overvalued.
KKR & Co. Inc. (KKR) Q3 2024 Earnings Call Transcript
KKR & Co. Inc. (NYSE:KKR ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Craig Larson - Partner and Head of IR Scott Nuttall - Co-Chief Executive Officer Rob Lewin - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Bill Katz - TD Cowen Brian McKenna - Citizens JMP Steven Chubak - Wolfe Research Patrick Davitt - Autonomous Research Michael Brown - Wells Fargo Brian Bedell - Deutsche Bank Michael Cyprys - Morgan Stanley Kyle Voigt - KBW Benjamin Budish - Barclays Daniel Fannon - Jefferies Operator Ladies and gentlemen, thank you for standing by. Welcome to KKR's Third Quarter 2024 Earnings Conference Call.
Compared to Estimates, KKR & Co. (KKR) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for KKR & Co. (KKR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
KKR to take 25% stake in Eni's biofuel unit for 2.9 billion euros
Italian energy group Eni said on Thursday that U.S. fund KKR would take a 25% stake in Enilive, in a deal that values the entire biofuel unit at 11.75 billion euros ($12.68 billion).
