Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Brookfield Business Corp. Class A ( (TSE:BBUC) ) has shared an announcement.
Brookfield Business Partners reported a challenging financial performance for the year ended December 31, 2024, with a net loss attributable to unitholders of $109 million, largely due to a one-time non-cash expense and provisions at its healthcare and construction operations. Despite the net loss, the firm saw improved operational performance and an increase in adjusted EBITDA to $2,565 million, attributed to better results in industrials and tax benefits at its advanced energy storage operation, highlighting its strategic focus on enhancing intrinsic business value.
More about Brookfield Business Corp. Class A
Brookfield Business Partners operates in diverse sectors, including industrial, business services, and infrastructure services. The company focuses on acquiring and managing high-quality businesses within its operational segments to enhance value for its stakeholders.
YTD Price Performance: -2.99%
Average Trading Volume: 50,311
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.33B
See more data about BBUC stock on TipRanks’ Stock Analysis page.
