Brookfield Asset Management posted its second quarter earnings that surpassed analyst expectations, according to Zacks Consensus Estimate.
For the quarter ending June, the company’s adjusted earnings came in at $0.84 per share, beating the Zacks Consensus Estimate of $0.73 per share. Earnings were $0.49 per share a year ago.
Revenues of $23.26 billion for the quarter also beat the Zacks Consensus Estimate. The figure is also higher compared to the year-ago quarter’s $18.29 billion. The company has exceeded consensus revenue estimates two times over the last four quarters.