Brookfield Asset Management (BAM) Misses Q3 EPS by 37c, Revenues Beat
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Brookfield Asset Management Announces Strong Third Quarter Results, Regular Dividend and the Launch of BAM Reinsurance
November 12, 2020 6:55 AM ESTBROOKFIELD, NEWS, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) today announced financial results for the quarter ended September 30, 2020.Â
Bruce Flatt, CEO of Brookfield, stated, Our third quarter results reflect the strength of both our operating businesses and our asset management franchise. We generated record operating FFO in the quarter, and over the last twelve months earned a record $2.8 billion of cash available for distribution and/or reinvestment, underlining the stability and continued growth of our cash flows. With over $75 billion of capital... More
