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KKR Beats Quarterly Estimates Driven by Strong Long-Term Investment Profits · Cyprus Report

Business · World

KKR Beats Quarterly Estimates Driven by Strong Long-Term Investment Profits

1 sourceFirst reported 6 days agoUpdated 6 days ago

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KKR & Co. reported a third-quarter profit that exceeded analysts' expectations.
The stronger financial results were driven by the firm's "mini Berkshire" unit, which holds long-term private equity investments.
This unit's performance helped offset a slump in profitability at the company's Global Atlantic insurance division.

Generated by AI from the 1 sources below · always verify with the originals

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AI summary: catch up in 20 seconds

KKR & Co. reported a third-quarter profit that exceeded analysts' expectations.
The stronger financial results were driven by the firm's "mini Berkshire" unit, which holds long-term private equity investments.
This unit's performance helped offset a slump in profitability at the company's Global Atlantic insurance division.

Generated by AI from the 1 sources below · always verify with the originals