Reports Q2 revenue $18.08M vs. $23.05M. CEO Nick Goodman said, “We had strong financial performance in the second quarter supported by the continued positive momentum across our core businesses and a significant increase in monetization activity. To date this year, we had over $55 billion of asset monetizations diversified across asset class and geography, returning substantial capital to our investors at excellent returns. With a record $177B of deployable capital and an increasingly constructive market backdrop, we are well-positioned to capitalize on investment opportunities, drive strong organic earnings growth, and deliver 15%+ returns on a per share basis to our shareholders over the long term.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BN:
- Brookfield Corp. price target raised to $82 from $74 at TD Securities
- BN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Brookfield Corp. price target raised to $75 from $69 at Scotiabank
- Brookfield Corp. initiated with an Outperform at National Bank
- Brookfield Corporation: Strong Growth Potential and Strategic Buyback Drive Buy Rating