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via finance.yahoo.comCapital Markets

KKR triples 'mini Berkshire' profit to top Wall Street estimates

FROM THE WIRE · FINANCE.YAHOO.COM

(Bloomberg) -- KKR & Co. reported a third-quarter profit that beat analysts' estimates as the "mini Berkshire" unit that holds long-term private equity bets mitigated a slump at its Global Atlantic insurance arm. Most Read from Bloomberg Nvidia CEO's Affair Engulfs AI Giant in…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA quarterly profit above expectations at a large private equity manager can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01KKR reported a third-quarter profit that beat analysts' estimates.
  2. 02Earnings at Strategic Holdings more than tripled to $191.6 million.
  3. 03Global Atlantic earnings fell 24% due to a $26 million actuarial review charge.

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