5 Must-Read Analyst Questions From Carlyle’s Q3 Earnings Call

Carlyle’s third quarter results drew a negative market reaction as the firm missed Wall Street’s revenue and profit expectations, driven by a 12.6% year-over-year decline in sales and weaker performance in private equity realizations. Management attributed the underperformance primarily to a quieter quarter for private equity exits and volatile public markets, while highlighting ongoing strength in credit and secondary solutions. CEO Harvey Schwartz acknowledged, “It’s just part of the private equity busin ...