Investing.com - Brookfield Asset Management (TSX:BAMa) reported second quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.34 on revenue of $23.26B. Analysts polled by Investing.com forecast EPS of $0.681 on revenue of $967.5M. .
Brookfield Asset Management shares gained 0.95% to trade at $68.36 in intra-day trade following the report.
For the year, Brookfield Asset Management shares are down 10.51%, under-performing the S&P/TSX which is down 5.76% year to date.
Brookfield Asset Management follows other major Financial sector earnings this month
On Thursday, July 28, 2022, Intact Financial reported second quarter EPS of $3.14 on revenue of $6.24B, compared to forecasts of EPS of $2.74 on revenue of $5.52B.
Great West Lifeco 1St I Prf earnings missed analyst's expectations on Wednesday, August 3, 2022, with second quarter EPS of $0.79 on revenue of $18.12B. Investing.com analysts expected EPS of $0.9 on revenue of $1,006M
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