Brookfield Asset Management Inc. (BAM) revealed earnings for its first quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $581 million, or $0.36 per share. This compares with $441 million, or $0.28 per share, last year.
Excluding items, Brookfield Asset Management Inc. reported adjusted earnings of $654 million or $0.40 per share for the period.
Analysts on average had expected the company to earn $0.41 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 22.3% to $1.081 billion from $884 million last year.
Brookfield Asset Management Inc. earnings at a glance (GAAP) :
-Earnings: $581 Mln. vs. $441 Mln. last year.-EPS: $0.36 vs. $0.28 last year.-Revenue: $1.081 Bln vs. $884 Mln last 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.