Examining the Future: KKR & Co's Earnings Outlook

KKR & Co (NYSE:KKR) is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect KKR & Co to report an earnings per share (EPS) of $1.22.

The announcement from KKR & Co is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.02, leading to a 3.0% drop in the share price the following trading session.

Here's a look at KKR & Co's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.07

0.96

0.93

0.82

EPS Actual

1.09

0.97

1

0.88

Price Change %

-3.0%

2.0%

1.0%

0.0%

KKR & Co Share Price Analysis

Shares of KKR & Co were trading at $140.17 as of October 22. Over the last 52-week period, shares are up 155.55%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on KKR & Co

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on KKR & Co.

KKR & Co has received a total of 18 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $143.61, the consensus suggests ...