Recap: Carlyle Group Q1 Earnings

Carlyle Group 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.

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