Brookfield (BN) to Release Quarterly Earnings on Thursday

Brookfield (TSE:BN) is scheduled to be releasing its earnings data before the market opens on Thursday, August 8th. Analysts expect Brookfield to post earnings of C$1.03 per share for the quarter.

Brookfield (TSE:BN) last issued its quarterly earnings data on Thursday, May 9th. The company reported C$1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.88 by C$0.16. Brookfield had a return on equity of 3.29% and a net margin of 1.14%. The business had revenue of C$30.88 billion during the quarter.

Brookfield Stock Down 2.1 %

Shares of Brookfield stock opened at C$61.56 on Wednesday. Brookfield has a twelve month low of C$40.07 and a twelve month high of C$68.20. The business has a 50-day moving average price of C$59.97 and a 200 day moving average price of C$57.48. The firm has a market cap of C$95.42 billion, a PE ratio of 76.95 and a beta of 1.69.

Brookfield Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, June 13th. This is a positive change from Brookfield’s previous quarterly dividend of $0.11. Brookfield’s payout ratio is currently 55.00%.

Brookfield Company Profile

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.