Carlyle Group Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Carlyle Group (NASDAQ:CG) reported Q1 earnings of $125.3 million, up 21% from Q4, while sales dropped 28.78% to $754.2 million. The company posted a return on capital employed (ROCE) of 0.02%, indicating effective capital allocation. However, Q1 earnings per share of $0.63 missed analyst predictions of $0.69.
May 25, 2023 | 2:56 pm
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NEUTRAL IMPACT
Carlyle Group's Q1 earnings increased by 21% while sales dropped 28.78%. The company's ROCE of 0.02% indicates effective capital allocation, but earnings per share missed analyst predictions.
Carlyle Group's Q1 earnings show a mixed performance with an increase in earnings and a decrease in sales. The positive ROCE indicates effective capital allocation, which is a good sign for long-term success. However, the missed earnings per share prediction may cause short-term uncertainty in the stock price, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100