KKR tops Q1 earnings estimates as AUM and fee income surge, but shares slip after management lowers visibility on reaching $7-per-share ANI.
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KKR tops Q1 earnings estimates as AUM and fee income surge, but shares slip after management lowers visibility on reaching $7-per-share ANI.
KKR was the largest alternative asset manager reporting results this week, and its first quarter earnings grew 20% over the prior year. The New York-based firm runs money in every category of private markets. Funds poured into KKR during the March quarter, even as alt manager stocks suffered from angst over private credit and the potential for artificial intelligence to hurt software firms owned by private equity.
Moby summary of KKR & Co. Inc.'s Q1 2026 earnings call
KKR shares rise after Q1 earnings beat estimates, fueled by strong AUM growth and higher fees, though rising expenses temper overall gains.