Brookfield Asset Mgmt Q2 EPS $0.44 Misses $0.46 Estimate, Sales $1.753B Beat $1.484B Estimate
Brookfield Asset Mgmt (NYSE:BAM) reported quarterly earnings of $0.44 per share which missed the analyst consensus estimate of $0.46 by 4.35 percent. This is a 15.79 percent increase over earnings of $0.38 per share
Brookfield Asset Management made a little less profit per share than experts predicted, but sold way more stuff than expected. When a company misses on profits but beats on sales, it shows the business is growing—just watch if they can turn those sales into bigger profits next time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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