Carlyle Group Q3 Adj $0.87 Beats $0.72 Estimate, Sales $776.60M Miss $809.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group's Q3 earnings per share of $0.87 beat the analyst consensus estimate of $0.72 by 20.83%, but represented a 38.73% decrease from the same period last year. The company's quarterly sales of $776.60 million missed the analyst consensus estimate of $809.59 million by 4.07% and marked a 44.61% decrease from the same period last year.
November 08, 2023 | 12:23 am
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Carlyle Group's Q3 earnings beat estimates but are down YoY. Sales missed estimates and are also down YoY.
Carlyle Group's earnings beat estimates, which is positive. However, the YoY decrease in earnings and sales, as well as the missed sales estimates, are negative. This mixed result could lead to uncertainty and potential short-term downward pressure on the stock.
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