Brookfield Business Partners (BBU) Tops Q1 EPS by $1.89, Revenues Miss
Brookfield Business Partners (NYSE: BBU) reported Q1 EPS of $3.57, $1.89 better than the analyst estimate of $1.68. Revenue for the quarter came in at $9.83 billion versus the consensus estimate of $10.76 billion.
“We generated strong performance to start the year and our businesses are benefiting from the continued recovery in conditions as global economies reopen," said Cyrus Madon, CEO of Brookfield Business Partners. “We completed the privatization of Sagen and advanced several capital recycling initiatives during the quarter which position us well for growth this year."
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