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Brookfield's Q1 Distributable Earnings Rise, Revenue Falls
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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

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