Kohlberg Kravis Roberts Earnings Preview: Analysts Expect Rising Revenue, Falling EPS

Symbols: ACAS, BEN, BX, CNS, KKR
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Kohlberg Kravis Roberts (NYSE: KKR) announces its next round of earnings this Friday, November 4, 2011. Here's Benzinga's advanced look at Kohlberg Kravis Roberts' third quarter earnings report.

Earnings and Revenue:

Based on estimates, investors are readying for a loss of 87 cents/share and revenues of $210 million. Kohlberg Kravis Roberts' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of $1.09/share on revenues of $170.8 million. We'll have to wait for Friday to see if the company reports a decline in EPS and a boost in revenue from the year-ago quarter, as analysts are predicting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 Q1 Q4 Q3
EPS Estimate $0.42 $0.56 $0.63 $0.49
EPS Actual $0.36 $0.96 $1.02 $1.09

Stock Performance:

As of October 31, 2011, Kohlberg Kravis Roberts' current share price was $13.48. Since January 1st, shares have declined 1.2%. For a full 12 months, the return has risen by 7.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts is a Moderate Buy. This rating has strengthened slightly over the past ninety days.

Competitors:

Wondering how some of the other financials companies are doing? Here are a few of Kohlberg Kravis Roberts' peers in that sector.

  • American Capital (NASDAQ: ACAS): Moderate Buy with a $0.20 recent quarter EPS
  • Franklin Resources (NYSE: BEN): Hold with a $1.88 recent quarter EPS
  • Blackstone Group L.P (NYSE: BX): Hold with a -$0.31 recent quarter EPS
  • Cohen & Steers (NYSE: CNS): Hold with a $0.22 recent quarter EPS

Kohlberg Kravis Roberts is in the finance-investment management industry, which has experienced price/earnings growth of 1.2%.

Finally, a description of the company's main areas of operation: KKR & Company offers a broad range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies, and its clients.
.

Take Action:

Now that you've gotten an advanced peak at Kohlberg Kravis Roberts' upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.

  • To see up-to-date news on Kohlberg Kravis Roberts, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here

 
 
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