
Brookfield Asset Management reported its fourth-quarter earnings for 2024, revealing earnings per share (EPS) of $0.42, exceeding analysts' expectations of $0.39. However, the company's revenue of $1.06 billion fell short of the estimated $1.25 billion, marking a 5.93% decline year-over-year. The firm raised $29 billion during the quarter, primarily through its credit business, which has become its largest growth driver. In 2024, Brookfield achieved record capital inflows of $135 billion, deploying $48 billion, and raised its dividend by 15%. The company also surpassed $1 trillion in assets under management, growing at a compound annual growth rate of 15% since 2012. Brookfield Corporation, its parent company, reported adjusted EPS of $1.01 and revenue of $19.43 billion, with distributable earnings before realizations increasing by 24% year-over-year to $1.5 billion.


The Williams Companies $WMB has released its quarterly earnings. Revenue of $2.74B (-1.47% YoY) beats by $48M. EPS of $0.47 (-2.08% YoY) beats by $0.01.
Brookfield Asset Management CEO: " 2024 was an excellent year for our business. We delivered strong performance across our franchise, strategically expanded our capabilities and surpassed $1 trillion of assets under management." $BAM https://t.co/TLP0JWavcn
Brookfield raises dividend as it reports US$432-million quarterly profit attributable to shareholders https://t.co/CGnCyYlLVb