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Carlyle Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2024, Carlyle Group (NASDAQ: CG) reported revenue of $788.9 million, down 19.3% over the same period last year. EPS came in at $0.78, compared to $0.88 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $841.96 million, representing a surprise of -6.30%. The company delivered an EPS surprise of -7.14%, with the consensus EPS estimate being $0.84.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Carlyle performed in the just reported quarter in terms of the metrics most widely monitored and projected by ...