Carlyle Group (CG) reported $1.02 billion in revenue for the quarter ended March 2024, representing a year- over-year increase of 35.6%. EPS of $1.01 for the same period compares to $0.63 a year ago. The reported revenue represents a surprise of -0.73% over the Zacks Consensus Estimate of $1.03 billion. With the consensus EPS estimate being $0.92, the EPS surprise was +9.78%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

财务数据和关键指标变化 - 公司在第一季度创下了多项财务纪录,包括创纪录的季度FRE(费用相关收益)266百万美元,同比增长近40%,以及创纪录的FRE利润率47%,同比提高超过33% [8][9][25] - 公司的资产管理规模达到4,250亿美元,同比增长12% [25] - 公司在第一季度完成了麦当劳中国和Neptune Energy的出售,为有限合伙人带来了可观的回报,并为公司股东带来了优异的业绩收益 [26] - 过去一年,公司向有限合伙人返还了220亿美元的资本,突显了投资团队在艰难和充满挑战的资本市场中找到流动性机会的能力 [27] 各条业务线数据和关键指标变化 - 解决方案业务在本季度募集了23亿美元资金,过去12个月共募集近140亿美元,主要来自二级市场和联合投资策略 [28] - 全球信贷业务方面,公司的CLO平台是行业最大的之一,本季度定价了7个CLO,包括3个新发行的CLO,同时也看到CTAC和资产支持融资策略的资金流入保持强劲 [29] - 全球私募股权业务的募资环境仍然有些挑战性,但在房地产和日本等领域有一些亮点 [30] 各个市场数据和关键指标变化 - 公司在美国和欧洲的CLO业务中,违约率有所上升,但公司的信贷质量仍优于行业平均水平 [64][65][66] - 公司在亚洲和欧洲的旗舰基金将在今年6月和9月分别到期,但公司在这些地区仍有旗舰基金产品 [74][75] 公司战略和发展方向及行业竞争 - 公司在财富管理领域保持强劲势头,自成立以来已募集近500亿美元的财富管理资产,凭借全球规模和品牌优势在这个快速增长的分销渠道中占据竞争优势 [16][17][18] - 公司正专注于推动全球信贷业务的增长和市场份额,看到资产支持融资业务的持续机会,并已经扩大和加强了这一战略 [19][20] - 公司在全球投资解决方案业务保持强劲势头,这有助于公司在机构渠道和财富渠道的发展,特别是二级市场聚焦的CAPM基金 [21] 管理层对经营环境和未来前景的评论 - 尽管宏观经济环境仍然脆弱,但公司继续看到投资环境稳步改善的迹象,银行系统和私人信贷的资本更加充裕,利率和通胀已基本稳定 [12][13] - 公司的交易团队已经开始感受到市场情绪改善的影响,本季度实现了59亿美元的套现收益,这是自2022年第四季度以来最高的数字 [14] - 公司有76亿美元的干火力准备部署,并拥有优质的可变现资产组合,因此很好地准备好利用这些改善的市场条件 [15] 问答环节重要的提问和回答 问题1 **Brian Bedell 提问** 询问了FRE的未来走势,包括费用和收入的具体构成 [38][39][40][41][42][43] **John Redett 回答** - 公司对FRE的未来走势保持乐观,预计未来几个季度FRE利润率将在45%左右,符合2024年40%-50%的目标区间 [39][40][41][42] - 管理费收入有望随着去年第四季度的强劲募资而加速增长 [42][43] 问题2 **Kenneth Worthington 提问** 询问了私募股权和信贷业务的费用收费AUM变化情况,以及未来的发展趋势 [44][45][46][47] **John Redett 回答** - 公司在解决方案、房地产和日本等领域的募资保持强劲势头,预计未来费用收费AUM将加速增长 [45][46][47] - 信贷业务的费用收费AUM小幅下降,主要是正常业务运营中的一些退出 [46] 问题3 **Ben Budish 提问** 询问了公司2024年40亿美元的募资目标的具体构成 [49][50][51][52] **Harvey Schwartz 回答** - 公司在解决方案、财富管理、信贷等领域都看到良好的募资势头,同时私募股权业务也有一些亮点,如房地产和日本 [50][51][52] - 公司预计财富管理渠道的募资将是重点,同时也会在明年上半年推出私募股权财富管理产品 [51][52]

MAY 1, 2024 EXHIBIT 99.2 Carlyle Reports First Quarter 2024 Financial Results Carlyle Reports First Quarter 2024 Financial Results NEW YORK AND WASHINGTON – May 1, 2024 – Global investment firm The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the first quarter ended March 31, 2024. U.S. GAAP Results U.S. GAAP results for Q1 2024 included income before provision for income taxes of $121 million and net income per common share of $0.18 on a diluted basis. Dividend The Board of Dire ...

In its upcoming report, Carlyle Group (CG) is predicted by Wall Street analysts to post quarterly earnings of $0.92 per share, reflecting an increase of 46% compared to the same period last year. Revenues are forecasted to be $1.03 billion, representing a year-over-year increase of 36.6%. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections durin ...

纳斯达克综合指数 - 纳斯达克综合指数在过去15个月中经历了强劲的牛市[1] - 人工智能技术的快速普及推动了科技股的持续上涨，尤其是生成式人工智能[2] - 纳斯达克综合指数虽然以科技股为主，但也包含了来自非科技领域的多样化股票[3]

Carlyle Group (CG)盈利前景 - Carlyle Group (CG)最近被升级为Zacks Rank 2 (Buy)，这是因为其盈利预期呈上升趋势[1] - Zacks评级的唯一决定因素是公司盈利前景的变化，通过跟踪当前和未来年度的EPS估计共识来确定[2] - Carlyle的Zacks评级升级实际上是对其盈利前景的积极评价，可能对其股价产生有利影响[4] - Carlyle的盈利预期正在稳步提高，过去三个月，公司的Zacks共识估计增长了2.9%[10] - Carlyle被升级为Zacks Rank 2，位于Zacks覆盖股票的前20%，意味着股价可能在短期内上涨[13]

New York, New York, April 15, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as Administrative Agent and Lead Left Arranger for a unitranche facility supporting the refinancing of Acentra Health ("Acentra"), a portfolio company of Carlyle. Acentra is a leading provider of technology products and services to government healthcare agencies that are essential to administering Medicaid, Medicare and other health programs at the federal and state level, including claims processing, enrollment and data ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a m ...

资产管理公司 - 全球股市上涨和债券市场稳定是资产管理公司的有利因素[1] 卡莱尔集团业务 - 卡莱尔集团是全球最大的另类资产管理公司，业务涵盖全球私募股权、全球信贷和全球投资解决方案[3] CG业绩报告 - CG在2023年第四季度报告中取得了强劲的业绩，非GAAP每股收益超过了预期，收入同比增长29%[4] - CG正在回购股票，但存在高股份基础薪酬，费用相关收入有望改善[5] CG盈利预测 - 卡莱尔集团的盈利预测显示，非GAAP盈利预计将在2025年前快速增长，预计营收增长将强劲，股息也有望快速增长[7] - 根据BofA的分析，如果假设CG的标准化非GAAP每股收益为$4.20，并应用股票的5年平均盈利倍数12.8，那么股价应该接近$54，目前股价略显低估[8] CG估值和股价趋势 - CG相对于同行而言具有较低的估值等级，但由于销售比率较低，预计未来收入将大幅增长，EPS今年和明年有望实现稳健增长[9] - CG股价上涨趋势乐观，但RSI动量趋势下降是一个问题[13] - 卡莱尔集团应该会在未来资本市场活动改善的前景下表现良好，技术图表总体上是有利的，尽管存在一些动量风险[14]

Esken is to wind itself up after agreeing to dispose of Southend Airport, its main asset, to private equity group Carlyle, sending its share price crashing by two-thirds. In a statement, Esken said it had agreed to the recapitalisation proposal from Carlyle, its main lender, as fighting it would have been potentially destructive to all shareholders. Ratifying the recapitalisation through the courts will take several months, Esken said, but once complete it will delist its shares with any return to sharehold ...