Brookfield (TSE:BN) Announces Earnings Results

Brookfield (TSE:BN) posted its quarterly earnings results on Thursday. The company reported C$0.92 earnings per share (EPS) for the quarter, FiscalAI reports. Brookfield had a net margin of 1.73% and a return on equity of 2.83%. The company had revenue of C$25.83 billion during the quarter.

Brookfield Price Performance

BN traded down C$2.56 during trading on Friday, reaching C$62.73. 634,910 shares of the company’s stock were exchanged, compared to its average volume of 2,932,567. Brookfield has a 1 year low of C$51.83 and a 1 year high of C$68.44. The stock has a market capitalization of C$140.34 billion, a P/E ratio of 128.02 and a beta of 1.57. The company’s fifty day simple moving average is C$58.68 and its 200-day simple moving average is C$61.98.

Brookfield Company Profile

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.