RECENT Active Management RESEARCH
Prospect Capital (PSEC) reported EPS (earnings per share) of $0.19 in fiscal 4Q17, missing the analysts’ estimate of $0.21.
Berkshire Hathaway (BRK.B) has outperformed the S&P 500 for the past few decades and has generated strong returns for shareholders under Warren Buffett.
State Street (STT) posted EPS (earnings per share) of $1.67 in 2Q17, thus beating analysts’ estimate of $1.57. That’s a 14.0% rise on a YoY basis.
In 2Q17, alternative asset managers Carlyle Group (CG) and KKR & Co. (KKR) reported earnings per share of $0.59 and $0.89, respectively. These results beat Wall Street analysts’ earnings estimates.
In this series, we’ll study the performance of Apollo’s various divisions, its dividend distribution, and its valuation.
In 2Q17, Carlyle Group (CG) posted strong ENI (economic net income) of $300 million, which reflects a substantial increase over its $158 million in 2Q16.
BlackRock (BLK), the world’s largest asset manager, has seen strong operating performance over the past few quarters. Here’s why.
KKR & Co. (KKR) posted strong numbers in 2Q17 on the back of operating fundamentals and investment performance. KKR posted earnings per share of $0.89, beating the analysts’ estimate of $0.67.
Market analysts expect that Carlyle Group (CG) could post earnings per share of $0.45 in 2Q17, reflecting a significant decline of 58.7% from its 1Q17 EPS.
Wall Street analysts expect KKR & Company (KKR) to report its 2Q17 earnings on July 27, 2017. Analysts expect KKR to post earnings per share of $0.66 in 2Q17.
Market analysts expect Affiliated Managers Group (AMG) to report EPS (earnings per share) of $3.23 in 2Q17, a rise of 0.62% from 1Q17.
Blackstone (BX) is expected to report its 2Q17 earnings report on July 20, 2017. Wall Street analysts expect Blackstone to report earnings per share or EPS of $0.66…
Though further rate hikes by the Fed in 2H17 could impact Apollo Global’s (APO) Credit segment, the company has noteworthy competitive strengths.
BlackRock has seen rising and sustained income levels over the past few years, mainly due to diversified and innovative product offerings like iShares.
Prospect Capital (PSEC) reported a decline in its net investment income in its fiscal 3Q17 earnings. Analysts expect PSEC’s fiscal 4Q17 EPS to reach $0.20, representing no change from fiscal 3Q17.
Berkshire Hathaway (BRK.B) is expected to post EPS of $2,806 in 2Q17 and $3,212 in 3Q17. Analysts have revised the estimates downward.
After a subdued performance in 4Q16 and heavy losses in its Global Market Strategies segment, Carlyle Group (CG) reported improved numbers in 1Q17.
In 1Q17, KKR & Co. (KKR) deployed ~$5.4 billion in its Public Markets and Private Markets segments. KKR is expected to post EPS of $0.49 in 2Q17 and $2.15 in fiscal 2017, representing year-over-year growth of 113% and 216%, respectively.
“Home bias” can sizably limit an investor’s portfolio by reducing its ability to capture additional sources of return.
Alternative asset managers saw improved operating performances in 2H16 on rising broader markets (SPY) (SPX) and a better global economic outlook.