Brookfield Business Partners (BBU) Reports Q2 Revenues Above Estimates

Brookfield Business Partners (NYSE: BBU) reported Q2 EPS of $0.60, $0.10 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $8.78 billion versus the consensus estimate of $8.41 billion.

“We reported strong Company FFO growth as we benefited from the larger scale of our operations,” said Cyrus Madon, CEO of Brookfield Business Partners. “In addition, we closed our acquisitions of Westinghouse Electric Company and Schoeller Allibert, which meaningfully diversify our operations and are expected to contribute positively to our results over the long term.”

For earnings history and earnings-related data on Brookfield Business Partners (BBU) click here.

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