Profit, revenues, fees down. Compensation way up. The shadow government is not concerned.

“We had another excellent year,” David M. Rubenstein, one of Carlyle’s co-chief executives, said in a statement. “Our performance over the past two years was marked by steady, continuous progress across our business.”

What’s this? The peons are not impressed?

Carlyle Group is having its first taste of a disappointing public report.

The private equity firm went public last May and though the first month was tepid, its stock has rocketed higher since, up 68% through Wednesday.

But Thursday, its fourth-quarter report hit and the stock is on pace for its worst one-day drop in its public life. The stock is down 8% to $33.70 on much larger-than-average volumes. Earlier it fell as much as 13%.

Carlyle’s Profit Fell in 4th Quarter as Growth Slowed [NYT]
Carlyle Shares Suffering Worst Day in Public Life [WSJ Deal Journal blog]
Carlyle Falls Most Since May as Earnings Miss Estimates [Bloomberg]

7 comments (hidden to protect delicate sensibilities)
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Comments (7)

  1. Posted by Fire Shazstain | February 21, 2013 at 6:02 PM

    Yea and you know what Shaznasty, you can't be evaluated like other writers, because you don't actually write anything.

  2. Posted by Mrs_Slocombe | February 21, 2013 at 6:03 PM

    Another example of Shazarian journalistic excellence.—reposting articles that can be read in less time than it takes for an average shit—which is about what his posts seem to be worth.

  3. Posted by guest | February 21, 2013 at 6:24 PM

    Both you guys should get hobbies…

  4. Posted by Mrs_Slocombe | February 21, 2013 at 8:46 PM

    Shazar, how many times does Bess have to tell you, company policy dictates you can't post as a Guest.

  5. Posted by guest2 | February 21, 2013 at 9:09 PM

    or jobs

  6. Posted by Question | February 21, 2013 at 11:22 PM


  7. Posted by Longun | February 22, 2013 at 7:43 AM

    Whoa the guys from Swingers really let themselves go..