Brookfield Asset Management Announces Strong Third Quarter Results, Regular Dividend and the Launch of BAM Reinsurance

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Brookfield Asset Management (BAM) Misses Q3 EPS by 37c, Revenues Beat

November 12, 2020 6:58 AM EST

Brookfield Asset Management (NYSE: BAM) reported Q3 EPS of $0.10, $0.37 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $16.25 billion versus the consensus estimate of $15.84 billion.

Bruce Flatt, CEO of Brookfield, stated, Our third quarter results reflect the strength of... More