KKR & Co. L.P. (KKR) reported a second-quarter net income attributable to the company of $376.3 million, or $0.78 per unit, compared to $178.2 million, or $0.43 per unit, prior year. Economic net income after taxes per adjusted unit for the latest second quarter was $0.88, compared to $0.57 per unit last year.
On average, 13 analysts polled by Thomson Reuters expected the company to report profit per unit of $0.62 for the quarter. Analysts' estimates typically exclude special items.
Fees and other revenue decreased to $255.87 million from $249.37 million last year. Analysts expected revenue of $253.91 million for the quarter.
KKR declared a distribution of $0.42 per common unit. The distribution will be paid on August 18, 2015 to unitholders of record as of the close of business on August 3, 2015.
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