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Exploring Analyst Estimates for Carlyle (CG) Q3 Earnings, Beyond Revenue and EPS
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The upcoming report from Carlyle Group (CG - Free Report) is expected to reveal quarterly earnings of $0.99 per share, indicating an increase of 1% compared to the year-ago period. Analysts forecast revenues of $937.44 million, representing an increase of 19.8% year over year.
Over the last 30 days, there has been a downward revision of 6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Carlyle metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Revenues- Global Credit- Transaction and portfolio advisory fees, net and other' will likely reach $53.24 million. The estimate suggests a change of +108% year over year.
The consensus among analysts is that 'Fee related performance revenues' will reach $63.26 million. The estimate indicates a change of +33.2% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenues- Global Private Equity- Total' should arrive at $510.38 million. The estimate indicates a year-over-year change of +47.3%.
Analysts expect 'Revenues- Global Credit- Total' to come in at $283.63 million. The estimate indicates a year-over-year change of +9.2%.
The average prediction of analysts places 'Fee-earning AUM Roll Forward - Global Private Equity - EOP' at $95.19 billion. Compared to the present estimate, the company reported $101.15 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Fee-Earning AUM Roll Forward - Inflows' of $10.18 billion. The estimate is in contrast to the year-ago figure of $14.09 billion.
Analysts predict that the 'Total Fee-earning AUM Roll Forward - EOP' will reach $338.62 billion. The estimate compares to the year-ago value of $331.95 billion.
It is projected by analysts that the 'Fee-Earning AUM Roll Forward - Balance, Beginning of Period' will reach $334.41 billion. Compared to the present estimate, the company reported $324.70 billion in the same quarter last year.
Analysts' assessment points toward 'Fee-earning AUM Roll Forward - Global Credit - EOP' reaching $171.22 billion. The estimate compares to the year-ago value of $167.16 billion.
The consensus estimate for 'Fee-Earning AUM Roll Forward - Market Activity & Other' stands at $954.81 million. The estimate compares to the year-ago value of $848.00 million.
According to the collective judgment of analysts, 'Total AUM Roll Forward - EOP' should come in at $495.72 billion. Compared to the present estimate, the company reported $474.06 billion in the same quarter last year.
Analysts forecast 'Total AUM Roll Forward - Global Private Equity - EOP' to reach $165.62 billion. Compared to the current estimate, the company reported $163.45 billion in the same quarter of the previous year.
Shares of Carlyle have demonstrated returns of +5.2% over the past month compared to the Zacks S&P 500 composite's -2% change. With a Zacks Rank #3 (Hold), CG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for Carlyle (CG) Q3 Earnings, Beyond Revenue and EPS
The upcoming report from Carlyle Group (CG - Free Report) is expected to reveal quarterly earnings of $0.99 per share, indicating an increase of 1% compared to the year-ago period. Analysts forecast revenues of $937.44 million, representing an increase of 19.8% year over year.
Over the last 30 days, there has been a downward revision of 6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Carlyle metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Revenues- Global Credit- Transaction and portfolio advisory fees, net and other' will likely reach $53.24 million. The estimate suggests a change of +108% year over year.
The consensus among analysts is that 'Fee related performance revenues' will reach $63.26 million. The estimate indicates a change of +33.2% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenues- Global Private Equity- Total' should arrive at $510.38 million. The estimate indicates a year-over-year change of +47.3%.
Analysts expect 'Revenues- Global Credit- Total' to come in at $283.63 million. The estimate indicates a year-over-year change of +9.2%.
The average prediction of analysts places 'Fee-earning AUM Roll Forward - Global Private Equity - EOP' at $95.19 billion. Compared to the present estimate, the company reported $101.15 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Fee-Earning AUM Roll Forward - Inflows' of $10.18 billion. The estimate is in contrast to the year-ago figure of $14.09 billion.
Analysts predict that the 'Total Fee-earning AUM Roll Forward - EOP' will reach $338.62 billion. The estimate compares to the year-ago value of $331.95 billion.
It is projected by analysts that the 'Fee-Earning AUM Roll Forward - Balance, Beginning of Period' will reach $334.41 billion. Compared to the present estimate, the company reported $324.70 billion in the same quarter last year.
Analysts' assessment points toward 'Fee-earning AUM Roll Forward - Global Credit - EOP' reaching $171.22 billion. The estimate compares to the year-ago value of $167.16 billion.
The consensus estimate for 'Fee-Earning AUM Roll Forward - Market Activity & Other' stands at $954.81 million. The estimate compares to the year-ago value of $848.00 million.
According to the collective judgment of analysts, 'Total AUM Roll Forward - EOP' should come in at $495.72 billion. Compared to the present estimate, the company reported $474.06 billion in the same quarter last year.
Analysts forecast 'Total AUM Roll Forward - Global Private Equity - EOP' to reach $165.62 billion. Compared to the current estimate, the company reported $163.45 billion in the same quarter of the previous year.
View all Key Company Metrics for Carlyle here>>>Shares of Carlyle have demonstrated returns of +5.2% over the past month compared to the Zacks S&P 500 composite's -2% change. With a Zacks Rank #3 (Hold), CG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .