- Carlyle Group reported second-quarter revenue of $1.07 billion, a significant increase from $462.1 million year-over-year (y/y).
- Segment revenue was $788.9 million, a decrease of 19% y/y, and below the estimated $830.2 million.
- Global Private Equity Fee Revenue dropped by 20% y/y to $312.2 million, which was below the estimate of $324.5 million.
- Global Credit Fee Revenue increased by 22% y/y to $193.8 million, exceeding the estimate of $180.7 million.
- Global Investment Solutions Fee Revenue rose by 39% y/y to $81.5 million, surpassing the estimate of $76.4 million.
- Assets under management (AUM) grew by 13% y/y to $435 billion, slightly below the estimated $436.3 billion.
- Fee-earning AUM also increased by 13% y/y to $307 billion, just under the estimated $310.21 billion.
- Fee-related earnings were $273 million, up 32% y/y, and higher than the estimate of $268 million.
A look at Carlyle Group / Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the long-term outlook for Carlyle Group, it is evident that the company has a solid foundation in terms of dividend and momentum. With a strong Smart Score of 4 in dividends, investors can expect consistent payouts over time. Additionally, a momentum score of 3 suggests that the company is moving in a positive direction in terms of market performance.
However, the company has room for improvement in the areas of growth and resilience, with scores of 2 in both categories. This indicates that Carlyle Group may face challenges in expanding its operations and weathering any potential economic downturns. Nevertheless, the company’s value score of 3 indicates that it is reasonably priced relative to its fundamentals, offering a potential opportunity for investors.
### Summary: The Carlyle Group Inc. operates as a global investment firm across various segments, including corporate private equity, real assets, global credit, and investment solutions. With a focus on delivering dividends and showing positive momentum, Carlyle Group serves clients worldwide with opportunities for growth and resilience. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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