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via finance.yahoo.comAsset Management

Brookfield Asset Management: Q3 earnings in line with expectations

FROM THE WIRE · FINANCE.YAHOO.COM

NEW YORK (AP) — NEW YORK (AP) — Brookfield Asset Management Ltd. (BAM) on Friday reported third-quarter earnings of $2.65 billion. The New York-based company said it had net income of $1.64 per share. Earnings, adjusted for non-recurring gains, came to 47 cents per share. The…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralEarnings matched consensus and adjusted revenue beat forecasts, with contained market effect.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted earnings were $0.47 per share, in line with expectations.
  2. 02Adjusted revenue was $1.62 billion, above Street forecasts.
  3. 03The stock is slightly up year to date but down nearly 3% over 12 months.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Brookfield Asset Management Ltd.BAMStock52.46 USDMarket closedtoday -3.05%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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