Carlyle Group Q3 Adj. EPS $0.87 Beats $0.72 Estimate, Sales $776.60M Miss $809.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group's Q3 adjusted EPS of $0.87 beat the estimate of $0.72 by 20.83%, but represents a 38.73% decrease YoY. The company's quarterly sales of $776.60M missed the estimate of $809.59M by 4.07%, marking a 44.61% decrease YoY.
November 07, 2023 | 11:06 am
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Carlyle Group's Q3 earnings beat estimates but are down YoY. Sales missed estimates and are down YoY.
Carlyle Group's Q3 earnings beat estimates, which is positive. However, the YoY decrease in earnings and sales, as well as the missed sales estimate, are negative indicators that could impact the stock negatively in the short term.
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