Carlyle slides 4.7% on slowed dealmaking pace


Economic net income of $322M or $0.85 per share compares to $394M or $1.02 per share a year ago.

Dealmaking slows, with $3.1B in asset sales in Q1 vs. $4.1B a year ago, and $1.1B in new investments vs. $2.5B a year ago. Warning of froth in global credit, CFO William Conway, says he doesn't find it healthy or sustainable. Q2, however, may look better, as Carlyle (CG -4.7%) has been fairly active, but the Q1 books closed before the deals did.

Previously: The Carlyle Group misses by $0.16, beats on revenue

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs