Carlyle reports Q3 distributable EPS 87c, consensus 72c

Reports distributable earnings of $367M for Q3 on a pre-tax basis, or 87c per common share on a post-tax basis. Net income attributable to The Carlyle Group Inc. common stockholders was $81M for Q3, or 22c per share on a diluted basis, versus 77c a year ago. Total Q3 revenues of $716.6M were down from $1.09B a year ago. “Our portfolio continues to perform despite an increasingly complex environment, and our global investment teams remain focused on finding opportunities to generate excess alpha. I remain confident that Carlyle is well-positioned to deliver for our investors and shareholders as we build on our momentum and take action to align the firm for growth,” said CEO Harvey Schwartz. Report total Assets Under Management of $382B, up 3% year-to-date.