Carlyle Third-Quarter Profit Tops Estimates as Deals Pick Up
Carlyle said distributable earnings were $1.12 per share, as it monetized more private equity investments and returned cash to investors.
Carlyle Group NASDAQ:CG exceeded third-quarter profit expectations on Thursday, as the asset manager monetized more private equity investments and returned cash to investors.Distributable earnings, which represent the cash used to pay dividends to shareholders, came in at $1.12 per share in the thr…