Anonymous ID: 5921f0 May 6, 2020, 11:08 a.m. No.9053010   🗄️.is đź”—kun   >>3329 >>3469

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Anonymous ID: 5921f0 May 6, 2020, 11:12 a.m. No.9053073   🗄️.is đź”—kun

KKR Reports Loss of More Than $1 Billion, Hurt by Market Volatility

 

KKR & Co. logged a loss of more than $1 billion in the first quarter, a result of the Covid-19 pandemic shaking markets in the first three months of this year and impacting the outlook for the economy.

 

The private-equity firm said it had a net loss of $1.28 billion in the first quarter, which ended March 31, compared with a profit a year ago. The loss was $2.31 a share, compared with $1.27 a share in earnings a year ago.

 

The company reported $3.94 billion in net losses from investment activities. That compared with a year earlier when KKR had a $1.2 billion net gain. Other private-equity firms Apollo Global Management Inc. and Blackstone Group Inc. also notched investment hits from the market's first-quarter slump.

 

KKR said distributable earnings, which is cash that can be rewarded back to shareholders, were 42 cents a share. According to FactSet, analysts were expecting those results to be 41 cents a share.

 

Operating revenue was $943.2 million, beating estimates of $930.1 million. A year earlier, operating revenue came in at $850.1 million.

https://www.marketscreener.com/KKR-CO-INC-44486777/news/KKR-Reports-Loss-of-More-Than-1-Billion-Hurt-by-Market-Volatility-30548867/

Anonymous ID: 5921f0 May 6, 2020, 11:29 a.m. No.9053329   🗄️.is đź”—kun   >>3394

>>9053309

#11588

>>9052782 d'oh

notables, not endorsements

>>9052962 Q laser pics, target hit!

>>9052961 Large power outage currently ongoing in Venezuela. Most of Caracas is currently without power.

>>9052792 Texas Attorney General Ken Paxton has called for the “immediate release” of a Dallas salon owner who was arrested and sent to jail for opening her business in defiance of Gov. Greg Abbott’s stay-at-home orders.

>>9052891 H.R.6393 - Intelligence Authorization Act for Fiscal Year 2017, SEC. 706. ADVANCES IN LIFE SCIENCES AND BIOTECHNOLOGY

>>9052852, >>9053028, >>9053066 A Short History of Dianne Feinstein’s Love for China

>>9052836 Fossil fuel-free jet propulsion system powered by PLASMA can generate the same amount of thrust as a commercial jet engine, scientists claim

>>9052823 Q cap vid Laser paint the target

>>9053010, >>9053243, >>9053288 pf reports

>>9053147 15 children hospitalized in NYC with mysterious syndrome possibly linked to COVID-19-may 5

>>9053161Army researchers help design 3D-printed ventilators.army.mil-may 1

>>9053181 Op-Ed: 100 Years of Shame: The Annexation of Palestine Began in San Remo-mintpressnews

>>9053239 Russian Billionaire Bosov commits suicide-tass.com

 

few updates and additions

o7