Brookfield Business Partners (BBU) Reports Q4 Loss of $0.70, Revenues Miss

Brookfield Business Partners (NYSE: BBU) reported Q4 EPS of ($0.70), versus $1.04 reported last year. Revenue for the quarter came in at $11.32 billion versus the consensus estimate of $12.58 billion.

“We delivered strong financial performance in 2019, generated over $1.0 billion from monetizations and distributions, and deployed over $2.5 billion into new businesses including Clarios, Genworth Canada and BrandSafway,” said Cyrus Madon, CEO of Brookfield Business Partners. “Our business today comprises larger-scale operations with more resilient cash flows. With our increased scale, a strong financial position and access to capital we are confident we will continue to find value opportunities to support our growth in 2020.”

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

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