KKR Full Year 2024 Earnings: EPS Misses Expectations

KKR (NYSE:KKR) Full Year 2024 Results

Key Financial Results

• Revenue: US$26.4b (up 42% from FY 2023).
• Net income: US$3.08b (down 16% from FY 2023).
• Profit margin: 12% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$3.47 (down from US$4.24 in FY 2023).

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

KKR EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%.

Looking ahead, revenue is expected to decline by 21% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in the US are expected to grow by 5.8%.

Performance of the American Capital Markets industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for KKR that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.