Brookfield Business Partners Reports 2020 Year End Results

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Brookfield Business Partners L.P. (BBU) PT Raised to $48 at BMO Capital

February 8, 2021 6:47 AM EST

BMO Capital analyst Devin Dodge raised the price target on Brookfield Business Partners L.P. (NYSE: BBU) to $48.00 (from $45.00) while maintaining a Outperform rating following the company's 4Q earnings report. BBU reported Q4/20 EBITDA of $423M which was ~11% above expectations (consensus: $382M). The earnings... More

Brookfield Business Partners (BBU) Misses Q4 EPS by 71c, Revenues Miss

February 5, 2021 6:56 AM EST

Brookfield Business Partners (NYSE: BBU) reported Q4 EPS of $0.56, $0.71 worse than the analyst estimate of $1.27. Revenue for the quarter came in at $10.05 billion versus the consensus estimate of $11.19 billion.

Our business was resilient in 2020 reflecting the quality of the companies we own and our... More