07:09 AM EDT, 05/08/2024 (MT Newswires) -- Brookfield Asset Management ( BAM ) reported Q1 distributable earnings Wednesday of $0.34 per share, unchanged from a year earlier.

Four analysts polled by Capital IQ expected $0.34.

Revenue for the quarter ended March 31 was $884 million, compared with $1.05 billion a year earlier.

Four analysts polled by Capital IQ expected $1.13 billion.

Shares of Brookfield Asset Management ( BAM ) were up more than 3% in premarket activity Wednesday.

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