CORRECTION: Brookfield Q3 Adj EPS $0.73 Beats $0.69 Estimate, Sales $24.44B Miss $31.33B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brookfield Asset Management reported its Q3 earnings with an adjusted EPS of $0.73, beating the estimate of $0.69. However, the company's sales of $24.44B fell short of the estimated $31.33B.
November 09, 2023 | 12:06 pm
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Brookfield's Q3 earnings beat EPS estimates but missed on sales. This mixed result could lead to uncertainty in the market.
Brookfield's Q3 earnings report is a mixed bag, with an EPS beat but a miss on sales. This could lead to uncertainty among investors, potentially impacting the stock's short-term performance. The EPS beat indicates strong profitability, but the sales miss may raise concerns about the company's revenue generation capabilities.
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