The Carlyle Group (CG) Tops Q1 ENI by 18c

The Carlyle Group (NASDAQ: CG) reported Q1 ENI of $0.47, $0.18 better than the analyst estimate of $0.29. Revenue for the quarter came in at $0 versus the consensus estimate of $678.81 million.

Carlyle Co-CEOs Kewsong Lee and Glenn Youngkin said, “Carlyle is off to a strong start in 2018. We are benefiting from robust fundraising activity that is driving increased scale in our fund platforms and we remain on track to generate significantly higher Fee Related Earnings by the fourth quarter of 2018. Fund performance remains solid with first quarter carry fund appreciation of 3% substantially exceeding volatile public markets.”

For earnings history and earnings-related data on The Carlyle Group (CG) click here.

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