Brookfield Corporation (BN), Thursday reported distributable earnings of $1.325 billion or $0.84 per share for the third quarter, higher than $1.150 billion or $0.73 per share last year. The investment management firm's shares were up more than 4 percent in pre-market.
Distributable earnings before realizations were $1.259 billion or $0.80 per share, up from $1.056 billion or $0.67 per share a year ago.
Net income was $64 million or $0.01 per share for the third quarter, lower than $230 million or $0.12 per share in the same quarter a year ago.
Revenue for the quarter declined to $20.623 billion from $24.441 billion in the previous year.
The company's Board has declared a quarterly dividend of $0.08 per share, payable on December 31, to shareholders of record on December 16.
Brookfield stock had closed at $57.61, down 0.52 percent on Wednesday. It has traded in the range of $33.61 - $59.23 in the last 1 year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.