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KKR & Co. L.P. Reveals Advance In Q2 Profit

KKR & Co. L.P. (KKR) reported earnings for its second quarter that advanced from the same period last year.

The company's bottom line came in at $698.63 million, or $1.24 per share. This compares with $514.39 million, or $0.93 per share, in last year's second quarter.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.7% to $1.33 billion from $1.18 billion last year.

KKR & Co. L.P. earnings at a glance:

-Earnings (Q2): $698.63 Mln. vs. $514.39 Mln. last year.
-EPS (Q2): $1.24 vs. $0.93 last year.
-Analysts Estimate: $0.36
-Revenue (Q2): $1.33 Bln vs. $1.18 Bln last year.

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