KKR misses by $0.06 (20.52)
- Reports Q3 (Sep) economic net income of $0.36 per share, $0.06 worse than the Capital IQ Consensus of $0.42.
- After-tax Distributable Earnings and After-tax Distributable Earnings per adjusted unit eligible for distribution were $464.5 million and $0.57, respectively, for the quarter ended September 30, 2017.
- Book value was $11.2 billion as of September 30, 2017 or $13.80 per outstanding adjusted unit
- As of September 30, 2017, Assets Under Management ("AUM") and Fee Paying Assets Under Management ("FPAUM") were $153 billion and $114 billion, respectively, up 17% and 22%, respectively, compared to September 30, 2016. New fee paying capital raised exceeded $37 billion over the past 12 months on an organic basis