Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Carlyle reports 25 cents for third-quarter earnings per unit, misses forecast

October 31, 2018 10:33 AM
126 0

NEW YORK (Reuters) - Alternative asset manager Carlyle Group LP (CG.O) on Wednesday missed estimates for earnings per unit for the third quarter, as the value of its private equity investments rose less than that one of its key rivals.

Carlyle, which owns assets such as British premium car service Addison Lee and U.S. entertainment services provider Apex Parks Group, said quarterly economic net income per unit came in at 25 cents. That missed analysts’ expectations for 51 cents, according to Refinitiv data, and compared with 56 ce...

Read more

Share in social networks:

Comments - 0