KKR Beats Q2 Estimates, Posts Highest-Ever Monetization Quarter
KKR reported strong second-quarter results, beating earnings estimates as fee-related earnings surged, AUM reached $796 billion, and record capital inflows boosted growth.
KKR made more money than people expected this quarter, and lots of new customers gave them money to invest. When a company beats expectations and brings in record amounts of customer cash, it usually means the business is running really well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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