Brookfield Asset Mgmt Q2 EPS $0.28 Misses $0.32 Estimate, Sales $985.00M Miss $1.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brookfield Asset Mgmt (NYSE:BAM) reported Q2 earnings of $0.28 per share, missing the analyst consensus estimate of $0.32 by 12.5%. This is a 17.65% decrease from the same period last year. The company also reported quarterly sales of $985.00 million, missing the analyst consensus estimate of $1.10 billion by 10.45%. This is a 95.76% decrease from the same period last year.
August 09, 2023 | 10:46 am
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Brookfield Asset Mgmt's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Brookfield Asset Mgmt's earnings and sales for Q2 significantly missed estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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