PE giant KKR beats estimates with smaller-than-expected 7% drop in Q3 earnings

PE giant KKR beats estimates with smaller-than-expected 7% drop in Q3 earnings

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Private equity firm KKR & Co Inc said on Tuesday that its third quarter after-tax distributable earnings fell by nearly 7% year-on-year, less than what many analysts expected, amid a decline in asset sales.

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