Carlyle Group Inc CG.OQ reported quarterly adjusted earnings of 92 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 85 cents to $1.07 per share.
Revenue rose 5.8% to $948.50 million from a year ago; analysts expected $1.02 billion.
Carlyle Group Inc's reported EPS for the quarter was 57 cents.
Carlyle Group Inc shares had risen by 2.0% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8% in the last three months.
In the last 30 days, eleven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."
The average consensus recommendation for the investment management & fund operators peer group is also "hold"
Wall Street's median 12-month price target for Carlyle Group Inc is $57.50
This summary was machine generated from LSEG data February 11 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.96 | 0.92 | Missed |
Sep. 30 2024 | 0.91 | 0.95 | Beat |
Jun. 30 2024 | 0.83 | 0.78 | Missed |
Mar. 31 2024 | 0.94 | 1.01 | Beat |