Carlyle reports Q1 adjusted EPS $1.14, consensus 95c

Reports Q1 revenue $1.04B, consensus $976M. Carlyle (CG) CEO Harvey M. Schwartz said, “Our quarterly results reflect focused execution against our long-term strategy, evidenced by record Fee Related Earnings, FRE margin, and assets under management. In today’s dynamic environment, the scale of our global platform, our asset-light approach, and our decades of experience investing capital position us well to navigate across market cycles and capture opportunities. With $84B in dry powder and on the ground insights across global markets, we remain confident in our ability to drive long-term value for our clients and shareholders.”