KKR Warns on 2026 Profit Target Amid Murky Outlook for Deals

KKR & Co. told analysts it’s “more likely” to miss a key profit target for this year because it’s taking longer to sell assets than previously expected.

The firm may fall short of its previously disclosed goal of $7 a share of adjusted net income because the path for exiting investments has become cloudier, Chief Financial Officer Rob Lewin said on a conference call Tuesday, after KKR reported first-quarter results that beat Wall Street estimates.