NASDAQ$CG

The Carlyle Group Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter results, demonstrating resilience and strong investment performance.

Carlyle Group reported strong third quarter results, highlighting the resilience of its global platform and strong investment performance. The company's financial results position it to deliver attractive returns for shareholders.

  • Carlyle's CEO, Kewsong Lee, emphasized the company's strength and adaptability in the current environment.
  • Q3 2020 U.S. GAAP results included income before provision for income taxes of $415.1 million.
  • Net income per common share was $0.82 on a diluted basis.
  • Total balance sheet assets were $14 billion as of September 30, 2020.

Headline financials

Total Revenue

$1.03B

Previous: $769M+34.6%
EPS (adj)

$0.40

Previous: $0.55-27.3%
Capital Expenditures

-$37.3M

Previous: -$17.5M-113.1%
Free Cash Flow

$258M

Previous: $74.7M+245.6%
Net Income

$296M

Previous: $92.2M+220.5%
Operating Income

$970M

Previous: $643M+50.8%
Gross Profit

$1.03B

Previous: $769M+34.6%
Cash & Equivalents

$938M

Previous: $1.49B-37.0%
Total Assets

$14.2B

Previous: $13.9B+2.0%
Stock-Based Comp

$18.7M

Previous: $36.6M-48.9%

Revenue & EPS history

Carlyle · Revenue · Quarterly

$1.03B

Q3 2020+34.6%vs Q3 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-1.6%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-2.6%

Avg return

30 days after

39%

22 / 56 earnings

Positive

+12.0%

Q4 2023

Best reaction

-14.6%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.6%-3.5%-15.3%
Q4 2025+6.0%-3.4%-11.7%
Q3 2025-8.4%-8.0%-3.6%
Q1 2025+3.2%+15.1%+15.8%
Q4 2024+2.7%-4.9%-11.1%
Q3 2024-3.5%-3.6%-2.5%
Q2 2024-11.1%-10.6%-13.8%
Q1 2024-9.4%-6.3%-4.1%
Q4 2023+12.0%+11.3%+16.3%
Q3 2023+4.0%+4.3%+25.5%
Q2 2023-10.7%-7.1%-7.8%
Q1 2023-10.3%-12.5%-3.2%
Q4 2022-2.1%-4.6%-8.6%
Q3 2022-7.3%+7.5%+3.7%
Q2 2022+9.5%+6.1%-6.9%
Q1 2022-5.9%+0.1%+2.7%
Q4 2021-7.4%-8.1%-18.9%
Q3 2021+1.9%+0.4%-0.7%
Q2 2021+7.4%+1.9%+2.9%
Q1 2021+0.3%+1.4%+2.6%
Q4 2020+8.6%+10.6%+2.5%
Q3 2020-1.0%+0.7%+13.8%
Q2 2020-3.9%-5.8%-12.0%
Q1 2020-14.6%-10.7%+6.5%
Q4 2019-3.1%-0.3%-21.3%
Q3 2019+1.7%+1.7%+8.3%
Q2 2019-5.7%-8.9%-7.7%
Q1 2019-1.1%-1.0%-6.0%
Q4 2018-6.9%-9.2%-14.0%
Q3 2018+7.2%+3.4%-5.9%
Q2 2018-0.4%-1.6%-4.7%
Q1 2018+0.0%+4.6%+6.8%
Q4 2017-5.5%-3.3%-5.3%
Q3 2017-1.8%+0.2%-10.7%
Q2 2017+4.8%+5.6%+1.4%
Q1 2017+4.0%+2.0%+2.3%
Q4 2016-5.0%-5.8%-8.5%
Q3 2016+1.6%-1.6%+1.0%
Q2 2016-1.7%-1.1%-8.5%
Q1 2016-2.4%
Q4 2015+0.1%
Q3 2015-1.1%
Q2 2015+2.0%
Q1 2015+0.8%
Q4 2014+4.0%
Q3 2014-7.6%
Q2 2014-2.9%
Q1 2014-4.7%
Q4 2013+1.4%
Q3 2013+0.1%
Q2 2013-3.9%
Q1 2013-6.2%
Q4 2012-6.8%
Q3 2012+0.2%
Q2 2012-1.8%
Q1 2012-4.3%
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010

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