Brookfield Asset Management (BAM) Tops Q3 EPS by 49c, Revenues Beat

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Go back to Brookfield Asset Management (BAM) Tops Q3 EPS by 49c, Revenues Beat

Brookfield Asset Management Reports Third Quarter 2019 Net Income and FFO

November 14, 2019 6:55 AM EST

Net Income almost doubles to $1.8 billion or $0.91 per shareFFO of $826 million or $0.80 per share

BROOKFIELD, NEWS, Nov. 14, 2019 (GLOBE NEWSWIRE) --  Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) today announced financial results for the quarter ended September 30, 2019.

Bruce Flatt, CEO of Brookfield, stated, Our results were strong, underpinned by long-term businesses which are doing well. With the completion of our Oaktree transaction we broadened our product offering and this should be additive for our clients. Our $65 billion of capital... More