Brookfield Asset Management reports Q1 EPS 43c, consensus 42c

Reports Q1 revenue $1.39B, consensus $1.45B. Connor Teskey, CEO of Brookfield Asset Management (BAM), stated, “We expect 2026 to be a very strong year, with growth exceeding our long-term targets. Both our infrastructure and private equity flagships that are currently in the market are expected to be their largest vintages ever. We are also benefitting from both the acquisition of Oaktree and the recently awarded Just Group investment mandate, which started in the second quarter. We raised $21 billion in the quarter, and $67 billion year-to-date, inclusive of the Just Group mandate and our private equity flagship initial first close, which in total is more than half of capital raised in 2025.”