financetom
Business
financetom
/
Business
/
Brookfield's Q1 Distributable Earnings Rise, Revenue Falls
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brookfield's Q1 Distributable Earnings Rise, Revenue Falls
May 9, 2024 4:40 AM

07:26 AM EDT, 05/09/2024 (MT Newswires) -- Brookfield (BN) reported Q1 distributable earnings Thursday of $0.77 per share, up from $0.72 a year earlier.

Analysts polled by Capital IQ expected $0.72.

Revenue for the quarter ended March 31 was $22.91 billion, down from $23.30 billion a year earlier. Analysts' estimates were unavailable for comparison.

The company's shares were down more than 2% in recent Thursday premarket activity.

Price: 42.80, Change: -1.19, Percent Change: -2.71

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Cloudflare Stock Is Moving Higher on Friday
Why Cloudflare Stock Is Moving Higher on Friday
Aug 2, 2024
Cloudflare, Inc. ( NET ) shares are trading higher on Friday after the company reported strong second quarter earnings and issued upbeat guidance. The Details: Cloudflare ( NET ) reported 2024 fiscal year second quarter earnings after the market closed on Thursday. The company reported adjusted EPS of 20 cents beating analyst estimates of 14 cents. Cloudflare ( NET )...
Pnc Financial Services Group Insider Sold Shares Worth $1,997,391, According to a Recent SEC Filing
Pnc Financial Services Group Insider Sold Shares Worth $1,997,391, According to a Recent SEC Filing
Aug 2, 2024
12:17 PM EDT, 08/02/2024 (MT Newswires) -- Michael P. Lyons, President, on July 31, 2024, sold 11,000 shares in Pnc Financial Services Group ( PNC ) for $1,997,391. Following the Form 4 filing with the SEC, Lyons has control over a total of 199,095 shares of the company, with 199,095 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/713676/000162828024034321/xslF345X03/wk-form4_1722614998.xml Price: 171.00, Change: -4.99,...
Update: Rocket Shares Rise as Q2 Earnings Beat Estimates
Update: Rocket Shares Rise as Q2 Earnings Beat Estimates
Aug 2, 2024
12:21 PM EDT, 08/02/2024 (MT Newswires) -- (Updates with stock price movement in the first paragraph and headline) Rocket (RKT) shares were up nearly 11% in recent Friday trading as the company's Q2 earnings beat estimates. The company reported a Q2 adjusted earnings late Thursday of $0.06 per diluted share, compared with a loss of $0.02 a year earlier. Analysts...
Tandem Diabetes Care Shares Rise After Q2 Beat, Increased 2024 Sales Outlook
Tandem Diabetes Care Shares Rise After Q2 Beat, Increased 2024 Sales Outlook
Aug 2, 2024
12:18 PM EDT, 08/02/2024 (MT Newswires) -- Tandem Diabetes Care ( TNDM ) shares advanced about 18% in recent Friday trading after the company reported Q2 results that surpassed market expectations and raised its sales guidance for 2024. The company reported Q2 net loss late Thursday of $0.47 per diluted share, narrowing from a loss of $0.55 a year earlier....
Copyright 2023-2026 - www.financetom.com All Rights Reserved