- Brookfield Asset Management press release ( NYSE: BAM ): Q2 FFO of $0.84 beats by $0.15 .
- Revenue of $23.26B (+27.2% Y/Y) beats by $3.84B .
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Nick Goodman, Chief Financial Officer of Brookfield, stated “We delivered strong results in the second quarter, supported by our resilient global portfolio of inflation protected real assets and record levels of fundraising. We have a record of $111 billion of cash and capital available for investment after generating $1.5 billion of net income and $1.2 billion of cash flow. We had asset sales of $21 billion and deployed $20 billion into new investments. The scale, stability and diversity of our business continues to differentiate our franchise with our investors and clients. We remain on track to complete the distribution to shareholders and listing of a 25% interest in our asset management business by year end.”
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Brookfield Asset Management FFO of $0.84 beats by $0.15, revenue of $23.26B beats by $3.84B