These Analysts Lower Their Forecasts On Carlyle Group After Q2 Results
CGCarlyle(CG) Benzinga·2024-08-06 20:05

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 $0.78 missed the consensus of $0.83, and Total Segment revenues of $788.0 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 ...