KKR Executives Foresee Only a Mild Tariffs Hit to Portfolio Companies $KKR https://t.co/gnvYFgk9e5
KKR swings to a rare quarterly loss https://t.co/noEmyJjksd
Shares of KKR & Co. rose Thursday after the firm beat earnings estimates and its leaders said Trump’s tariffs should have little immediate effect on its investments via @WSJ #PrivateEquity https://t.co/tqfBRoYzya
KKR & Co., a global investment firm, reported a nearly 20% increase in first-quarter profit, driven by strong fee income, despite facing market volatility and ongoing tariff tensions. The company has $116 billion of capital ready to deploy, viewing current market conditions as an opportunity. However, some reports indicate KKR experienced its first quarterly loss since 2022, reflecting mixed financial results. KKR executives have downplayed the immediate impact of tariffs imposed by the Trump administration, anticipating only a mild effect on their portfolio companies. Following the earnings announcement, KKR's shares rose as the firm surpassed earnings estimates and maintained a cautious outlook on tariff-related risks.
