I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of FSK, ARCC, ...

FS KKR Capital (NYSE: FSK ), a business development company (BDC), has a sensitive portfolio position in the face of the (likely) proceeding interest rate decreases. However, there are a few aspects to consider when evaluating a BDC's capability to uphold dividend payments in a changing marketWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial fou ...

Leading global investment firms file for two public-private fixed income interval funds to launch in the U.S. in the first half of 2025, pending regulatory approval New category of public-private solutions to expand over time across multiple asset classes and geographies LOS ANGELES, Oct. 29, 2024 /PRNewswire/ -- Leading global investment firms Capital Group and KKR today filed registration statements with the SEC for two public-private fixed income funds, Capital Group KKR Core Plus+ and Capital Group KKR ...

Core Insights - Resolian is undergoing leadership changes to enhance its global operations and better support client needs [2][3] - The company has expanded its global footprint through strategic acquisitions and the establishment of new facilities [3][9] Leadership Changes - Rob Stachlewitz has been appointed as the new CEO, transitioning from his role at Charles River [5][6] - Pat Bennett, the former CEO, will take on the role of Chief Business Officer and President of Scientific Affairs [2][7] - Honggang Bi has been appointed as Chairman, bringing over 30 years of experience in drug development [4][6] Company Expansion - Resolian has made significant acquisitions, including Alliance Pharma, Drug Development Solutions, and Denali MedPharm, expanding its operations to four continents [3][9] - The establishment of a new bioanalytical lab in Brisbane, Australia, enhances its operational capabilities [3] Operational Focus - The leadership team aims to improve service capabilities and strengthen customer relationships [7][8] - The company employs nearly 500 experts across the U.S., U.K., and Australia, ensuring high standards of regulatory compliance [9]

The second largest alternative asset manager, KKR (NYSE: KKR ) , reported Q3 earnings on Thursday that came in better than expected. EPS was higher by 0.18 cents, consolidating the metric at $1.36 , which represents Hey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those that are tilted toward both the growth and q ...

KKR & Co. Inc. (NYSE:KKR) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Craig Larson - Partner and Head of IR Scott Nuttall - Co-Chief Executive Officer Rob Lewin - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Bill Katz - TD Cowen Brian McKenna - Citizens JMP Steven Chubak - Wolfe Research Patrick Davitt - Autonomous Research Michael Brown - Wells Fargo Brian Bedel ...

KKR & Co. Inc. (KKR) has reported a third-quarter 2024 adjusted net income per share of $1.38, which surpassed the Zacks Consensus Estimate of $1.18. However, the bottom line increased 56.8% from the prior-year quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.Results primarily reflected impressive growth in assets under management (AUM) and record transaction fees for the capital markets business. However, increased expenses acted as headwinds.Net income attributable t ...

For the quarter ended September 2024, KKR & Co. Inc. (KKR) reported revenue of $1.42 billion, up 56.8% over the same period last year. EPS came in at $1.38, compared to $0.88 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.23 billion, representing a surprise of +15.53%. The company delivered an EPS surprise of +16.95%, with the consensus EPS estimate being $1.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Financial Performance - KKR reported GAAP Net Income of $0.7 billion for Q3 2024, compared to $1.5 billion in Q3 2023, and $2.0 billion year-to-date[7]. - Total Revenues for Q3 2024 were $4.79 billion, up 44% from $3.32 billion in Q3 2023[8]. - Adjusted Net Income (ANI) was $1.2 billion in Q3 2024, reflecting a 53% increase year-over-year[9]. - Total Operating Earnings (TOE) for Q3 2024 were $1.3 billion, up 71% from $767 million in Q3 2023[10]. - KKR's total segment earnings for Q3 2024 were $1.63 billion, up 53% from $1.07 billion in Q3 2023[10]. - KKR's share of adjusted revenues from 18 businesses was $3.6 billion for the second quarter of 2024[33]. - The company reported net income of $654.6 million for Q3 2024, down from $1.47 billion in Q3 2023, reflecting a decrease of 55.6%[52]. - Adjusted Net Income for Q3'24 was $1,235,503, up from $779,731 in Q3'23, indicating a 58.5% growth[57]. - Total Operating Earnings for Q3'24 were $1,315,021, a significant increase from $767,552 in Q3'23, reflecting a 71.4% rise[57]. - The company reported a year-to-date Net Income of $2,004,690 for Q3'24, compared to $2,640,085 for the same period in the previous year[56]. Assets Under Management (AUM) - Assets Under Management (AUM) grew to $624 billion, an 18% increase from the previous year[9]. - Assets Under Management (AUM) reached $624 billion, up 18% year-over-year, with $24 billion of organic new capital raised in the quarter[17]. - Fee Paying AUM increased to $506 billion, up 19% year-over-year, with $25 billion of organic new capital raised in the last twelve months[17]. - Global Atlantic's assets under management (AUM) totaled $187 billion, with $140 billion in credit AUM[31]. - Total assets under management reached $516.8 billion, with $107.6 billion in uncalled commitments[44]. Capital Raising and Investments - New Capital Raised in Q3 2024 was $24 billion, contributing to a total of $118 billion year-to-date[9]. - New capital raised in the Private Equity segment was $2.49 billion for 3Q'24, with AUM increasing to $190 billion, a 10% year-over-year growth[21]. - The Real Assets segment saw AUM increase by 31% year-over-year to $163 billion, with $34 billion raised year-to-date[22]. - Capital invested in the Credit and Liquid Strategies segment was $10 billion in the quarter, with AUM increasing to $271 billion, an 18% year-over-year growth[23]. - Total Private Equity commitments amount to $199,366 million, with $21,689 million invested and $10,777 million realized[41]. Earnings and Dividends - Regular dividend of $0.175 per share of common stock was declared for Q3 2024[9]. - Fee Related Earnings (FRE) reached $1.0 billion in Q3 2024, a 79% increase year-over-year, with an annualized FRE of $3.1 billion[9]. - Fee Related Earnings per Adjusted Share rose to $1.12 for 3Q'24, up from $0.63 in 3Q'23[12]. - KKR's investment in asset management segment generated $1.1 billion in fees and other income for Q3 2024[52]. Strategic Developments - KKR increased its ownership in Global Atlantic to 100% at the beginning of 2024, enhancing its financial results[11]. - The company is focused on expanding its market presence through strategic partnerships and acquisitions, including the acquisition of Global Atlantic[76]. - The firm believes that providing non-GAAP measures is helpful for stockholders in assessing overall business performance[67]. Risks and Challenges - KKR's future performance is subject to various risks and uncertainties, which could cause actual results to differ from forward-looking statements[76]. - The company reported high variability in earnings and cash flow, with potential impacts from geopolitical developments and market conditions[79]. - KKR's investment activities are subject to risks such as historical returns not being indicative of future results and dependence on significant leverage in investments[79]. - The company may experience challenges in recruiting and retaining key personnel, which is critical for executing growth strategies[79]. Non-GAAP Measures - KKR's adjusted revenue and adjusted EBITDA are used to monitor the operating performance of the businesses, reflecting a steady state growth profile of the underlying portfolio[65]. - KKR's non-GAAP measures, including adjusted net income and total segment earnings, are presented to provide a clearer view of operational performance without the impact of non-operating items[67]. - Total Segment Earnings excludes equity-based compensation, amortization of acquired intangibles, and transaction-related items, providing a supplemental measure of operating performance[69].

KKR & Co. Inc. (KKR) is slated to report third-quarter 2024 results on Oct. 24, before the opening bell. Its earnings and revenues in the quarter are expected to have increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate. Results benefited from growth in the assets under management (AUM) balance and decline in expenses.The company boasts an impressive earnings surpris ...