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KKR Exclusive: Q4 Earnings Exceed Expectations | Deep-Dive

KKR & Co. recently announced its financial results for the fourth quarter, revealing a notable increase in profits that surpassed market expectations.

The KKR & Co. logo on a laptop arranged in the Brooklyn borough of New York, US, on Wednesday, July 12, 2023. Photo: Shutterstock
The KKR & Co. logo on a laptop arranged in the Brooklyn borough of New York, US, on Wednesday, July 12, 2023. Photo: Shutterstock

The company’s after-tax distributable earnings saw a 4% rise, reaching $888 million, which equates to $1 per share. This performance exceeded the average analyst prediction of 93 cents per share.

A significant contributor to this financial success was a 21% increase in fee-related earnings, which amounted to $675 million.

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