Summary Highlights:
- The Carlyle Group (CG, Financial) posted higher-than-expected Q1 earnings per share of $1.14, surpassing projections by $0.19.
- Despite a significant revenue increase of 41.4% year-over-year, total revenue of $973.1 million slightly missed expectations by $2.9 million.
- Current stock price presents a potential upside of 21.93% based on average analyst price targets.
Impressive Q1 Earnings but Revenue Miss
The Carlyle Group (CG) has reported its Q1 results with a notable Non-GAAP earnings per share (EPS) of $1.14, outperforming analysts' expectations by $0.19. This strong performance highlights the firm's robust profit-generating capabilities within the current financial landscape. However, the company's revenue figures painted a mixed picture. Despite witnessing a substantial year-over-year increase of 41.4%, reaching $973.1 million, the revenue still fell short of market forecasts by $2.9 million.
Analysts' Insight: Price Targets and Recommendations
Wall Street analysts have provided their one-year price targets for The Carlyle Group Inc (CG, Financial), with a collective average target price of $48.71. This suggests a potential upside of 21.93% from the current price of $39.95. The price target spectrum ranges from a high of $83.00 to a low of $37.00, reflecting varied expectations regarding the company's future performance. Interested investors can explore more detailed estimate data on the The Carlyle Group Inc (CG) Forecast page.
Furthermore, based on insights from 19 brokerage firms, The Carlyle Group Inc (CG, Financial) maintains an average brokerage recommendation of 2.7, indicative of a "Hold" status. This rating is part of a scale where 1 signifies a Strong Buy and 5 denotes a Sell, suggesting a neutral stance among analysts regarding the stock's immediate potential.
Understanding the GF Value Estimate
According to GuruFocus estimates, The Carlyle Group Inc (CG, Financial) holds a GF Value of $51.92 for the coming year, which implies a significant upside potential of 29.96% from its current trading price of $39.95. The GF Value is an estimation of the stock's fair value, derived from historical trading multiples, past growth patterns, and future performance projections. Investors seeking a deeper understanding can visit the The Carlyle Group Inc (CG) Summary page for more comprehensive information.
