NYSE:KKRCapital Markets
KKR (KKR) Stock Stalls Despite Record Fee Margins And Guidance Gaps
KKR stock barely flinched after earnings, closing up just 0.45% around US$101 even as the company reported what it called a record quarter. The market reaction was muted, but the headline story is clear. Fee related earnings per share hit US$1.32 with a fee margin of roughly 70%, and adjusted net income per share reached US$1.63.
That kind of profitability profile matters far more than a one day move. For anyone thinking in years rather than days, the key question now is how durable that...