The Carlyle Group Announces Fourth Quarter and Full Year 2015 Financial Results

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The Carlyle Group (CG) Tops Q4 EPS by 7c; Approves $200M Stock Buyback Plan

February 10, 2016 6:39 AM EST

The Carlyle Group (NASDAQ: CG) reported Q4 EPS of $0.38, $0.07 better than the analyst estimate of $0.31. Revenue for the quarter came in at $491 million versus the consensus estimate of $529.56 million.

Distributable Earnings (DE): $145 million for Q4 2015 and $923 million for 2015

Distributable Earnings were $923 million for 2015, 5% lower than $973 million for 2014. Excluding a non-recurring French tax judgment in the first quarter, DE were $1.0 billion, up slightly from 2014. On a post-tax basis, Carlyle generated DE of $0.38 and $2.73 per common unit for Q4 2015 and 2015, respectively.Fee-Related Earnings (FRE) were $43 million for Q4 2015, compared to $67 million for Q4... More