Carlyle Group Q2 2024 Adj. EPS $0.78 Misses $0.83 Estimate, Sales $788.900M Miss $827.467M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group (NASDAQ:CG) reported Q2 2024 earnings per share of $0.78, missing the analyst estimate of $0.83 by 6.02%. The company also reported sales of $788.9 million, falling short of the $827.467 million estimate by 4.66%. This represents a 19.33% decrease from the same period last year.
August 05, 2024 | 10:28 am
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Carlyle Group reported Q2 2024 earnings per share of $0.78, missing the analyst estimate of $0.83 by 6.02%. Sales also fell short at $788.9 million, missing the $827.467 million estimate by 4.66%. This represents a 19.33% decrease from the same period last year.
The earnings and sales miss, along with a significant year-over-year decline in sales, are likely to negatively impact Carlyle Group's stock price in the short term.
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