CVC Shares Drop on Weak Performance Earnings Outlook
CVC shares fell on Wednesday after the firm issued a performance earnings outlook below analyst estimates. This came despite a profit beat and buyback plan.
Shares of CVC CAPITAL PARTNERS PLC fell on Wednesday after the private equity firm issued a near-term performance-related earnings (PRE) outlook that missed analyst expectations. The firm, one of the world's largest private equity managers, projected its fee-paying assets under management to reach approximately 200 billion euros by the end of 2028. However, its PRE forecast of 600 million to 700 million euros for the 2026-2027 period was significantly lower than the 1.1 billion euros anticipated by analysts at J.P. Morgan.
The company expects PRE to step up to between 1.2 billion and 1.5 billion euros by 2028-2029. Following the guidance release, CVC shares were down 6.9% at 0922 GMT. Despite the cautious outlook, the firm reported that realisations—the cash generated and distributed from successful disposals—reached 21.9 billion euros in 2025, a 67% increase over the previous year as dealmaking activity gained momentum.
