Brookfield Asset Management: Q1 Earnings Snapshot
Posted May 13, 2021 08:57:25 AM.
Last Updated May 13, 2021 09:11:17 AM.
TORONTO (AP) _ Brookfield Asset Management Inc. (BAM) on Thursday reported first-quarter net income of $1.24 billion, after reporting a loss in the same period a year earlier.
The Toronto-based company said it had net income of 77 cents per share.
The asset management company posted revenue of $16.41 billion in the period.
Brookfield Asset Management shares have climbed slightly more than 8% since the beginning of the year. The stock has increased 38% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAM at https://www.zacks.com/ap/BAM
The Associated Press
