Carlyle Group's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Carlyle Group (NASDAQ:CG) is anticipated to report a quarterly EPS of $0.78 on February 7, 2024. Historical data shows a positive correlation between earnings performance and stock price movement. Last quarter, CG beat the EPS estimate by $0.15, leading to a 2.42% stock price increase. Over the past year, CG shares have risen by 14.01%, indicating a generally positive outlook among long-term shareholders.
February 06, 2024 | 5:01 pm
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Carlyle Group is expected to report a quarterly EPS of $0.78, with past performance indicating a potential positive impact on stock price following the earnings announcement.
Historical data shows that Carlyle Group's stock price tends to react positively to earnings beats. Given the expected EPS of $0.78 and past performance, there is a high likelihood of a positive short-term impact on CG's stock price, especially if the company beats the estimate and provides positive guidance for the next quarter.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100