Brookfield Asset Management (NYSE:BAM – Get Free Report) (TSE:BAM.A) is expected to announce its earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $1.27 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Brookfield Asset Management (NYSE:BAM – Get Free Report) (TSE:BAM.A) last released its quarterly earnings data on Monday, November 4th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.02. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.19 billion. Brookfield Asset Management had a return on equity of 85.03% and a net margin of 49.69%. During the same quarter in the prior year, the firm posted $0.35 earnings per share. On average, analysts expect Brookfield Asset Management to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Brookfield Asset Management Stock Performance
NYSE:BAM opened at $57.18 on Wednesday. The company has a market capitalization of $25.34 billion, a PE ratio of 50.60, a P/E/G ratio of 2.26 and a beta of 1.46. The company has a 50 day simple moving average of $56.45 and a two-hundred day simple moving average of $50.20. Brookfield Asset Management has a fifty-two week low of $37.29 and a fifty-two week high of $62.61.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on BAM
About Brookfield Asset Management
Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company's infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors.
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