Brookfield Business Corp. Q1 Earnings Dip
Company Announcements

Brookfield Business Corp. Q1 Earnings Dip

Brookfield Business Corp. Class A (TSE:BBUC) has released an update.

Brookfield Business Partners has reported its financial results for the first quarter of 2024, revealing a net income of $48 million, down from $74 million in the same period last year. Adjusted EBITDA also saw a decrease to $544 million from $622 million. Despite a dip in earnings, the company announced the successful generation of approximately $300 million from capital recycling efforts and the sale of two small operations.

For further insights into TSE:BBUC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBrookfield Shareholders Unanimously Back Board Nominees
GlobeNewswireBrookfield Business Corporation Announces Results of Annual Meeting of Shareholders
TipRanks Auto-Generated NewsdeskBrookfield Business Corp. to Host Virtual AGM
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!