The Carlyle Group L.P. Reports 79% Fall In Q1 Earnings

(RTTNews) - The Carlyle Group L.P. (CG) reported earnings for first quarter that lost ground from last year.

The company said its bottom line totaled $8.4 million, or $0.01 per share. This was down from $39.5 million, or $0.54 per share, in last year's first quarter.

The company said revenue for the quarter fell 61.5% to $438.1 million. This was down from $1136.8 million last year.

The Carlyle Group L.P. earnings at a glance:

-Earnings (Q1): $8.4 Mln. vs. $39.5 Mln. last year. -Earnings Decline (Y-o-Y): -78.7% -EPS (Q1): $0.01 vs. $0.54 last year. -EPS Decline (Y-o-Y): -98.1% -Revenue (Q1): $438.1 Mln vs. $1136.8 Mln last year. -Revenue Change (Y-o-Y): -61.5%