Carlyle Group: Q1 Earnings Insights - Carlyle Group (NASDAQ:CG)

Carlyle Group CG reported its Q1 earnings results on Thursday, May 4, 2023 at 06:15 AM.

Here's what investors need to know about the announcement.

Carlyle Group missed estimated earnings by 8.7%, reporting an EPS of $0.63 versus an estimate of $0.69.

Revenue was down $25.30 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 2.34% drop in the share price the next day.

Here's a look at Carlyle Group's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.69	0.96	1.06	1.08	1.02
EPS Actual	0.63	1.01	1.42	1.17	0.74
Revenue Estimate	813.62M	1.02B	1.10B	1.06B	1.09B
Revenue Actual	754.20M	1.06B	1.40B	1.16B	779.50M

To track all earnings releases for Carlyle Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.