Insights Into KKR & Co. (KKR) Q4: Wall Street Projections for Key Metrics

Wall Street analysts forecast that KKR & Co. Inc. (KKR) will report quarterly earnings of $1.29 per share in its upcoming release, pointing to a year-over-year increase of 29%. It is anticipated that revenues will amount to $1.23 billion, exhibiting an increase of 14.4% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.Given this perspective, it's time to examine the average forecasts of specific KKR & Co. metrics that are routinely monitored and predicted by Wall Street analysts.The consensus estimate for 'Fee Related Earnings- Management Fees' stands at $918.60 million. The estimate indicates a change of +17.1% from the prior-year quarter.According to the collective judgment of analysts, 'Fee Related Earnings- Fee Related Performance Revenues' should come in at $34.34 million. The estimate indicates a year-over-year change of +43.7%.It is projected by analysts that the 'Fee Related Earnings- Transaction and Monitoring Fees, Net' will reach $258.94 million. The estimate indicates a year-over-year change of -2%.Analysts predict that the 'Private Equity - Assets Under Management' will reach $195.35 billion. The estimate compares to the year-ago value of $176.38 billion.Based on the collective assessment of analysts, 'Assets Under Management' should arrive at $642.91 billion. The estimate compares to the year-ago value of $552.80 billion.Analysts expect 'Private Equity - Fee Paying Assets Under Management' to come in at $122.51 billion. The estimate is in contrast to the year-ago figure of $107.26 billion.Analysts' assessment points toward 'Fee Paying Assets Under Management' reaching $520.43 billion. Compared to the current estimate, the company reported $446.41 billion in the same quarter of the previous year.Analysts forecast 'Operating Earnings- Insurance' to reach $260.05 million. The estimate is in contrast to the year-ago figure of $231.27 million.View all Key Company Metrics for KKR & Co. here>>>Over the past month, shares of KKR & Co. have returned +11.9% versus the Zacks S&P 500 composite's +2.9% change. Currently, KKR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KKR & Co. Inc. (KKR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks