Carlyle Group (CG) shares were up more than 4% in recent trading Thursday following its Q1 results.
Earlier, the private equity firm reported Q1 net income of $0.35 per share, up from $0.18 a year earlier. Two analysts polled by FactSet expected $1.05.
It posted after-tax distributable earnings of $1.14 per share, up from $1.01 a year earlier.
Total revenue for the quarter ended March 31 was $973.1 million, up from $688.4 million. Analysts expected $992.4 million.
The company maintained its quarterly dividend at $0.35 per share, Payable May 27 to holders of record May 19.
Price: 41.84, Change: +1.89, Percent Change: +4.73
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