Brookfield Asset Management Reports First Quarter 2017 Results

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Go back to Brookfield Asset Management Reports First Quarter 2017 Results

Brookfield Asset Management (BAM) Misses Q1 EPS, FFO was $0.65/Share

May 11, 2017 6:58 AM EDT

Brookfield Asset Management (NYSE: BAM) reported Q1 EPS of ($0.08), $0.26 worse than the analyst estimate of $0.18. FFO was $0.65 versus $0.69 last year.

Annualized fees increased to $1.2 billion, up 24% from the prior year, while target carried interest increased by 43% to $860 million. The growth results... More