Brookfield Business Partners (BBU) Reports Q1 EPS of $0.18

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Go back to Brookfield Business Partners (BBU) Reports Q1 EPS of $0.18

Brookfield Business Partners Reports First Quarter 2022 Results

May 6, 2022 6:45 AM EDT

BROOKFIELD, NEWS, May 06, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the quarter ended March 31, 2022.

We had a successful start to the year, generating strong financial performance and committing approximately $1.6 billion of equity across seven new investments, said Cyrus Madon, CEO of Brookfield Business Partners. We also completed the creation of our paired corporate entity, BBUC, which should support growth of our ownership base. Our focus is on closing our announced acquisitions, progressing the monetization of our interest in Westinghouse and accelerating initiatives to surface... More