KKR Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

KKR (NYSE:KKR) Full Year 2023 Results

Key Financial Results

• Revenue: US$18.7b (up 238% from FY 2022).
• Net income: US$3.68b (up from US$590.7m loss in FY 2022).
• Profit margin: 20% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
• EPS: US$4.24 (up from US$0.79 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

KKR Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 2.9%.

Looking ahead, revenue is expected to decline by 25% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in the US are expected to grow by 6.5%.

Performance of the American Capital Markets industry.

The company's shares are up 3.3% from a week ago.

Risk Analysis

Be aware that KKR is showing 1 warning sign in our investment analysis that you should know about...

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