Brookfield Shows Resilience Despite Q2 Loss
Company Announcements

Brookfield Shows Resilience Despite Q2 Loss

Story Highlights

Brookfield Business Corp. Class A (TSE:BBUC) has released an update.

Brookfield Business Partners L.P. reported a net loss of $20 million in Q2 2024, an improvement from a $48 million loss in the same period last year, despite a drop in Adjusted EBITDA. CEO Anuj Ranjan highlighted strong business fundamentals and expects future earnings growth as one-time events resolve and the company continues to benefit from its strong access to capital, enabling debt refinancing at attractive rates.

For further insights into TSE:BBUC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBrookfield Business Partners’ Strong Q3 Results
TipRanks Auto-Generated NewsdeskBrookfield Business Corp. Mid-Year Financials Unveiled
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App