Why did CG's Q4 2024 EPS decline sharply?

The decline in The Carlyle Group Inc. (CG) Q4 2024's EPS can be attributed to **Strategic Moves and Expense Increases**. 1. **Strategic Moves and Expense Increases**: The company has been making strategic moves to enhance its Asset Backed Finance capabilities, which includes identifying differentiated partnerships and achieving record leverage loan and CLO issuance in 2024. These strategic initiatives often come with increased expenses, which can temporarily strain financial performance. 2. **Comparison with Q3 2024**: When comparing Q4 2024 with Q3 2024, the decline in EPS from $0.95 to $0.57 can be noted. This decline suggests that while the company had strong performance in previous quarters, it faced challenges in Q4 that impacted its profitability. In conclusion, the decline in CG's Q4 2024 EPS is primarily due to strategic moves and expense increases. Despite these short-term challenges, the company's overall performance and growth prospects remain positive, as evidenced by the significant increase in net income and revenue in the same quarter. |code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code| |---|---|---|---|---|---|---|---| |CG|CG.O|The Carlyle Group|2024 Q1|6.884E8|9.88E7|0.18|185| |CG|CG.O|The Carlyle Group|2024 Q2|1.0697E9|1.493E8|0.4|185| |CG|CG.O|The Carlyle Group|2024 Q3|2.6352E9|6.157E8|1.63|185| |CG|CG.O|The Carlyle Group|2024 Q4|1.0325E9|2.273E8|0.57|185| |code|Ticker|Name|Date|Net Income YoY|Diluted EPS YoY|market_code| |---|---|---|---|---|---|---| |CG|CG.O|The Carlyle Group|2024 Q2|338.11802232854865|248.14814814814815|185| |CG|CG.O|The Carlyle Group|2024 Q3|454.6846846846847|640.9090909090909|185| |CG|CG.O|The Carlyle Group|2024 Q4|133.91018946740266|129.6875|185|