BUZZ-Carlyle falls on Q4 profit miss

Reuters
11 Feb
BUZZ-Carlyle falls on Q4 profit miss

** Shares of private equity firm Carlyle Group CG.O fall nearly 3% to $49.9 premarket

** Co reports profit available to shareholders of $384 million, or 92 cents/share, 4 cents below analysts' expectations - data compiled by LSEG

** Co's assets under management rise 4% to $441 bln; fee-related earnings jump 13% to $287.4 million

** Q4 transaction and portfolio advisory fees more than doubled to $80.6 million

** 7 of 18 brokerages rate the stock "buy" or higher, 9 "hold" and 2 "sell"; their median PT is $57.5 - LSEG data

** CG shares up nearly 2% YTD, as of last close; stock rose over 24% in 2024

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com;))

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