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These Analysts Lower Their Forecasts On Carlyle Group After Q2 Results
CGCarlyle(CG) Benzinga·2024-08-06 12:05

The Carlyle Group CG reported worse-than-expected second-quarter financial results on Monday. Carlyle reported that in the second quarter of FY24, the adjusted EPS of 0.78missedtheconsensusof0.78 missed the consensus of 0.83, and Total Segment revenues of 788.0millionmissedtheconsensusof788.0 million missed the consensus of 827.5 million. The company inked a deal to sell Cogentrix Energy to Quantum Capital Group and its affiliates for around $3 billion. The Cogentrix platform includes 5.3 gigawatts of efficient natural gas-fired power plants across PJM, ERCO ...