tradingkey.logo

BUZZ-Carlyle falls on Q4 profit miss

ReutersFeb 11, 2025 2:25 PM

Shares of private equity firm Carlyle Group CG.O fall nearly 3% to $49.9 premarket

Co reports profit available to shareholders of $384 million, or 92 cents/share, 4 cents below analysts' expectations - data compiled by LSEG

Co's assets under management rise 4% to $441 bln; fee-related earnings jump 13% to $287.4 million

Q4 transaction and portfolio advisory fees more than doubled to $80.6 million

7 of 18 brokerages rate the stock "buy" or higher, 9 "hold" and 2 "sell"; their median PT is $57.5 - LSEG data

CG shares up nearly 2% YTD, as of last close; stock rose over 24% in 2024

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI