Brookfield Property Partners L.P. (BPY) Reports Q2 EPS of $0.12, Revenues Beat

Brookfield Property Partners L.P. (NASDAQ: BPY) reported Q2 EPS of $0.12, versus $0.68 reported last year. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $1.51 billion.

“In the second quarter, we achieved earnings growth of 6% and were active in monetizing mature, de-risked assets,” said Brian Kingston, Chief Executive Officer. “We have continued to allocate additional capital to unit repurchases this year, acquiring over $450 million year-to-date. We continue to believe our units represent the highest-returning investment opportunity available to us today.”

For earnings history and earnings-related data on Brookfield Property Partners L.P. (BPY) click here.

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