Capacity in market space: The Carlyle Group Inc. (NASDAQ: CG)

On 21 Feb 2020, The Carlyle Group Inc. (NASDAQ: CG) spotted trading -10.61% off 52-week high price. On the other end, the stock has been noted 80.44% away from the low price over the last 52-weeks. The stock changed -0.29% to recent value of $31.27. The stock transacted 1721492 shares during most recent day however it has an average volume of 1927.7K shares.

Global investment firm The Carlyle Group Inc. (CG) recently stated its unaudited results for the fourth quarter and full year ended December 31, 2019.

Carlyle Co-CEOs Kewsong Lee and Glenn Youngkin stated, “Carlyle had a great 2019, delivering strong results and reaching key milestones about our most important priorities. With our best in class corporate conversion complete, we are more shareholder friendly and excited to keep our operating momentum going. The combination of our people and strong global platform positions us well to execute on a clear set of priorities and drive positive impact for all stakeholders.”

U.S. GAAP results for Q4 2019 and 2019 included income (loss) before provision for income taxes of $(40)M and $1,233M, and net income (loss) attributable to The Carlyle Group Inc. ordinary stockholders of $(8)M and $345M, or net income (loss) per ordinary share of $(0.08) and $2.82, on a diluted basis.  Total balance sheet assets were $14B as of December 31, 2019.

Dividends

The Board of Directors has reported a quarterly dividend of $0.25 per ordinary share to holders of record at the close of business on February 18, 2020, payable on February 25, 2020. For full year 2019, the Board of Directors reported $1.18 in aggregate distributions to ordinary stockholders.

Its earnings per share (EPS) expected to touch remained 243.70% for this year while earning per share for the next 5-years is expected to reach at 15.80%. CG has a gross margin of 80.70% and an operating margin of 37.20% while its profit margin remained 10.20% for the last 12 months. The price moved ahead of -4.90% from the mean of 20 days, -2.20% from mean of 50 days SMA and performed 19.12% from mean of 200 days price. Company’s performance for the week was -5.07%, -8.78% for month and YTD performance remained -2.52%.

 

Gregory Amaral

Gregory Amaral–  Business Stories I am Gregory Amaral with more than 10 years of experience in the Stock market industry, I am energetic about Finance and Business news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of Observednews.com with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Business News category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.

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