Carlyle Group Q1 2024 Adj EPS $1.01 Beats $0.94 Estimate
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group (NASDAQ:CG) reported Q1 2024 adjusted earnings per share (EPS) of $1.01, surpassing the analyst consensus estimate of $0.94 by 7.45%. This represents a 60.32% increase from the $0.63 EPS reported in the same period last year.
May 01, 2024 | 11:09 am
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Carlyle Group reported a significant earnings beat for Q1 2024, with EPS of $1.01 against estimates of $0.94, showing a strong year-over-year growth.
The earnings beat and significant year-over-year growth indicate a strong financial performance by Carlyle Group, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100