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The company's earnings track exploration and development expenditures by the major oil and natural gas companies.
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The consensus estimate of Wall Street analysts was for a fourth-quarter loss of 3 cents a share, according to the earnings tracking service Thomson Financial/First Call.
He also flagged Uber's recent launch of a new driver app with real-time earnings tracking and access to data insights intended to help drivers boost their earnings; and a 24/7 telephone support line for drivers and passengers (which was actually a requirement of London's transport regulator).
The relative slowdown in sales helped contribute to lower distributable earnings, which track payouts to investors.
Carlyle emphasizes distributable earnings, which track how much the firm doles out to its investors.
Carlyle itself prefers to focus on distributable earnings, which track actual payouts to limited partners.
The contract dispute, over earnings and track closures during future construction, was settled in November.
Carlyle itself prefers to emphasize distributable earnings, which track the firm's payouts to its limited partners.
The firm's distributable earnings, which track what the firm will pay out to its investors, rose 59 percent in the quarter, to $312.7 million.
The company reduced this year's budget for upgrading stores and other assets to $775 million from $850 million and will hold down inventory to keep annual earnings on track to meet forecasts of $4 to $4.25 a share.
"Production volumes and chemical earnings are tracking below our full-year estimates," Allen Good, a Morningstar analyst, wrote in a note.
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