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Jun 30, 2020

Carlyle Q2 2020 Earnings Report

Carlyle delivered strong financial results driven by fund appreciation and solid Distributable Earnings.

Key Takeaways

Carlyle reported strong second quarter financial results, driven by significant fund appreciation and solid Distributable Earnings. The company remains prudent given the uncertain economic backdrop but is active and well-positioned to find attractive investment opportunities.

Carlyle delivered strong second quarter financial results.

Results were driven by significant fund appreciation.

Results were driven by solid Distributable Earnings.

Company is well positioned to find attractive investment opportunities.

Total Revenue
$582M
Previous year: $551M
+5.7%
EPS
$0.41
Previous year: $1.23
-66.7%
Gross Profit
-$411M
Previous year: $318M
-229.4%
Cash and Equivalents
$555M
Previous year: $669M
-17.1%
Free Cash Flow
$159M
Previous year: -$88.6M
-278.9%
Total Assets
$12B
Previous year: $13.4B
-10.5%

Carlyle

Carlyle

Forward Guidance

The press release contains forward-looking statements regarding the performance of the business, financial results, liquidity, capital resources, contingencies, dividend policy, and expectations regarding the impact of COVID-19.