Carlyle Group (NASDAQ:CG) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:15 AM.
Here’s what investors need to know about the announcement.
Earnings
Carlyle Group missed estimated earnings by 8.7%, reporting an EPS of $0.63 versus an estimate of $0.69.
Revenue was down $25.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 2.34% drop in the share price the next day.
Here’s a look at Carlyle Group’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.96 | 1.06 | 1.08 | 1.02 |
| EPS Actual | 1.01 | 1.42 | 1.17 | 0.74 |
| Revenue Estimate | 1.02B | 1.10B | 1.06B | 1.09B |
| Revenue Actual | 1.06B | 1.40B | 1.16B | 779.50M |
To track all earnings releases for Carlyle Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
