LOGO
LOGO

Quick Facts

Carlyle Posts Q4 Profit Of $12 Mln - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Alternative asset manager The Carlyle Group L.P. (CG) Thursday reported fourth-quarter net income attributable to the company of $12.0 million. Earnings per common unit was $0.25. The company went public in May 2012.

Economic net income was $182 million for the quarter. Carlyle generated $0.47 in economic net income per adjusted unit.

On average, 12 analysts polled by Thomson Reuters expected earnings of $0.69 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues declined to $755.3 million from $831.8 million. Analysts expected revenues of $596.35 million for the quarter.

Total expenses climbed to $660.2 million from $422.2 million, mainly due to higher compensation and benefits.

The Board of Directors declared a quarterly distribution of $0.85 per common unit to holders of record at the close of business on March 4, payable on March 13.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19