KKR posts strong Q1 with 21% EPS growth and 14% AUM rise, maintaining 'Strong Buy' rating.

KKR & Co. Inc. reported a solid first quarter with earnings per share up 21% to $1.39 and assets under management increasing 14% to $758 billion. Management fees rose 30% to $1.19 billion, supported by $125 billion in uncalled commitments, which provide a stable revenue base despite concerns in the private credit sector. The company is viewed as a 'Strong Buy' with a fair value target of $140, expecting share price recovery beyond $125 within 12 months as sector fears ease.