Market Overview

UPDATE: Carlyle Group Q4 Profit Down 41%

Related CG
Why Blackstone Group Spent $1.6 Billion In Asia
Earnings Scheduled For October 29, 2014
Friedman to Replace Nasdaq CEO a 'Safe' Guess (Fox Business)

Carlyle Group LP (NASDAQ: CG) reported a 41% drop in its fourth-quarter earnings.

Carlyle posted a quarterly profit of $12 million, or $0.25 per unit, down from $20.3 million, or $0.41 per unit, in the year-ago period. Its economic net income declined 28% to $182 million.

Its revenue dropped 9.2% to $755.3 million.

Carlyle shares closed at $36.67 yesterday.

Posted-In: profitEarnings News


Related Articles (CG)

Around the Web, We're Loving...

Get Benzinga's Newsletters