Earnings Call
KKR & Co. Inc. (KKR) Management on Q2 2022 Results - Earnings Call Transcript
Präsentationen
Unternehmensvertreter·Weitere Teilnehmer
Unternehmensvertreter
Craig Larson – Head-Investor Relations
Rob Lewin – Chief Financial Officer
Scott Nuttall – Co-Chief Executive Officer
Weitere Teilnehmer
Alex Blostein – Goldman Sachs
Craig Siegenthaler – Bank of America
Gerry O’Hara – Jefferies
Brian Mckenna – JMP
Patrick Davitt – Autonomous Research
Arnaud Giblat – BNP
Brian Bedell – Deutsche Bank
Finian O’Shea – Wells Fargo Securities
Michael Cyprys – Morgan Stanley
Rufus Hone – BMO Capital Markets
Chris Kotowski – Oppenheimer and Company
Robert Lee – KBW
Operator
Ladies and gentlemen, thank you for standing by. Welcome to KKR’s Second Quarter 2020 [ph] Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
I will now hand the call over to Craig Larson, Head of Investor Relations for KKR. Craig, please go ahead.
I will now hand the call over to Craig Larson, Head of Investor Relations for KKR. Craig, please go ahead.
Craig Larson
Thank you, operator. Good morning, everyone. Welcome to our second quarter 2022 earnings call. This morning, as usual, I’m joined by Rob Lewin, our CFO; and Scott Nuttall, our Co-Chief Executive Officer.
We’d like to remind everyone that we’ll refer to non-GAAP measures on the call, which are reconciled to GAAP figures in our press release, which is available on the Investor Center section at kkr.com. And as a reminder, we report our segment numbers on an adjusted share basis.
This call will contain forward-looking statements, which do not guarantee future rental performance. Please refer to our earnings release and our SEC filings for cautionary factors about these statements.
This quarter, we’re reporting fee-related earnings per share of $0.52 and after-tax distributable earnings of $0.95. Looking at the first half of 2022 compared to 2021, we feel very good about our performance. Against a challenging market backdrop, our management fees are up 39%, fee-related earnings increased 28% and our after-tax
We’d like to remind everyone that we’ll refer to non-GAAP measures on the call, which are reconciled to GAAP figures in our press release, which is available on the Investor Center section at kkr.com. And as a reminder, we report our segment numbers on an adjusted share basis.
This call will contain forward-looking statements, which do not guarantee future rental performance. Please refer to our earnings release and our SEC filings for cautionary factors about these statements.
This quarter, we’re reporting fee-related earnings per share of $0.52 and after-tax distributable earnings of $0.95. Looking at the first half of 2022 compared to 2021, we feel very good about our performance. Against a challenging market backdrop, our management fees are up 39%, fee-related earnings increased 28% and our after-tax