Carlyle Group's Q1 earnings increased 59% to $431M, driven by private equity deal exits.
Carlyle Group's Q1 earnings exceeded Wall Street estimates as private equity dealmakers accelerated deal exits, boosting profits by 59% to $431M ($1.01/share). However, net income attributable to stockholders declined to $65.6M from $100.7M a year prior, with earnings per share at $0.18 compared to $0.28. The company declared a quarterly dividend of $0.35 per common share.
May 01, 2024
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