07:18 AM EST, 11/04/2024 (MT Newswires) -- Brookfield Asset Management ( BAM ) reported Q3 distributable earnings Monday of $0.38 per share, up from $0.35 a year earlier.

Analysts polled by Capital IQ expected $0.35.

Revenue for the quarter ended Sept. 30 was $1.12 billion, up from $893 million a year earlier.

Analysts surveyed by Capital IQ expected $1.19 billion.

Brookfield Asset Management's ( BAM ) board of directors kept a quarterly dividend of $0.38 per share, payable on Dec. 31 to shareholders of record as of Nov. 29.

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