Carlyle Group Q4 2023 GAAP EPS $(1.92)
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group (NASDAQ:CG) reported a Q4 2023 GAAP EPS loss of $(1.92) per share, with quarterly sales of $926.20 million, surpassing analyst expectations by 8.92% but marking a 12.54% decrease from the previous year.
February 07, 2024 | 11:55 am
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Carlyle Group reported a Q4 2023 GAAP EPS loss of $(1.92) and sales of $926.20 million, exceeding analyst estimates but showing a year-over-year decline.
While Carlyle Group exceeded analyst sales estimates for Q4 2023, the significant EPS loss and year-over-year sales decline may lead to mixed investor sentiment. The positive aspect of beating sales estimates could be offset by the negative earnings per share, resulting in a neutral short-term impact on the stock price.
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