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Kkr Stock At 52-week High After Earnings Beat And Record Inflows

by thestreet.com posted 1month ago 12 views
Click to view a price quote on ZM. : KKR & Co.  (KKR) - Get Report shares moved up after the private-equity and real estate investment firm reported stronger-than-expected profit on a tripling of revenue. The New York firm reported second-quarter net income of $2.05 a share, compared with $1.24 a share in the year-earlier quarter. Shares outstanding rose 11% to 630.4 million. Distributable earnings -- cash that can be distributed to holders, The Wall Street Journal reported -- were $1.05 a share. That topped analysts' consensus expectations of 87 cents, according to FactSet.

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