Thursday, Brookfield Properties Corp. (BPO) said its third-quarter funds from operations or FFO declined marginally to US$151 million or US$0.34 per share from US$152 million or US$0.38 per share during the same period in 2008. On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $0.34 per share for the quarter.
Net income for the quarter plunged to US$38 million or US$0.08 per share from US$174 million or $0.44 per share in the previous quarter.
Total revenue for the quarter decreased to US$657 million from US$707 million in the comparable period. Three analysts estimated revenues of $580.35 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.