Here's a link to a quick rundown of some of the numbers. Reddit doesn't seem to want to put this link in brackets.
https://www.benzinga.com/news/earnings/21/08/22464693/brookfield-asset-mgmt-q2-earnings-insights
The company reported EPS of $0.49, considerably lower than the estimate of $0.75. FFO tells a different story, with a $0.28 beat. Revenue is still up over 40% YoY and almost triple guidance. No additional guidance was provided in this report.
I wonder how much of this has to do with this being the first earnings report since the BAMR spinoff.
I am long BAM with no intention of exiting the position. I believe this to still be a good operating environment for BAM.
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