Brookfield (BN) Set to Announce Earnings on Thursday

Brookfield (TSE:BN) will be announcing its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of C$0.98 per share for the quarter.

Brookfield (TSE:BN) last posted its quarterly earnings results on Thursday, February 8th. The company reported C$1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.92 by C$0.21. The firm had revenue of C$33.38 billion during the quarter. Brookfield had a return on equity of 3.29% and a net margin of 1.15%.

Brookfield Price Performance

BN opened at C$59.70 on Tuesday. The stock has a 50-day moving average price of C$55.60 and a 200-day moving average price of C$51.95. The firm has a market cap of C$90.15 billion, a PE ratio of 71.07 and a beta of 1.69. Brookfield has a 1 year low of C$40.07 and a 1 year high of C$59.76.

Brookfield Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Wednesday, March 13th were given a $0.107 dividend. This represents a $0.43 annualized dividend and a dividend yield of 0.72%. The ex-dividend date was Tuesday, March 12th. This is a positive change from Brookfield’s previous quarterly dividend of $0.10. Brookfield’s payout ratio is currently 51.19%.

About Brookfield

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.