Brookfield Asset Management Q3 Distributable EPS $0.35, Total Revenues $893M vs $1.1B Est.
Portfolio Pulse from Benzinga Newsdesk
Brookfield Asset Management reported Q3 distributable EPS of $0.35 and total revenues of $893M, which is lower than the estimated $1.1B.
November 06, 2023 | 11:47 am
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Brookfield Asset Management's Q3 revenues fell short of estimates, which could negatively impact the stock price in the short term.
Brookfield Asset Management's Q3 revenues were lower than estimated. This underperformance could lead to a decrease in the stock price as it may shake investor confidence in the company's ability to meet financial targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100