Brookfield Corporation reports results for the quarter ended September 30 - Earnings Summary

• Brookfield Corporation reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of seven analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 71 cents to 73 cents per share.

• Revenue rose 9.4% to $20.69 billion from a year ago; analysts expected $1.80 billion.

• Brookfield Corporation's reported EPS for the quarter was 73 cents​.

• The company reported quarterly net income of $1.72 billion.

• Brookfield Corporation shares had risen by 15.4% this quarter and lost 5.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"

This summary was machine generated from LSEG data November 12 at 04:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)