KKR & Co. L.P. (KKR) reported that its first-quarter net income attributable to company increased to $193.44 million, from $190.44 million last year. Net Income attributable to KKR & Co. L.P. per unit was $0.69, compared to $0.80 prior year. The company said the increase was primarily due to higher fees and a decrease in compensation and benefits expense, partially offset by a lower level of investment appreciation, which is recorded in net gains/losses from investment activities for the quarter ended March 31, 2013 compared to the quarter ended March 31, 2012.
Economic net income was $647.7 million, down from $727.2 million last year. Economic net income after taxes per adjusted unit was $0.88, compared to $0.99 prior year. Revenues rose to $151.24 million from $116.31 million last year.
On average, 13 analysts polled by Thomson Reuters expected the company to report profit of $0.79 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $230.02 million for the quarter.
KKR & Co. L.P. declared a first-quarter distribution of $0.27 per common unit, which includes $0.09 per common unit of net realized principal investment income.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.