Brookfield Asset Management Earnings: Your Sneak Peek to the Big Announcement

Brookfield Asset Management (NYSE:BAM) will report earnings before markets open on Thursday, May 9th. Brookfield Asset Management Inc is a global asset management company focused on property, infrastructure and renewable power. The Company owns office buildings in major business centers. Brookfield also owns and operates power generating plants, ports, railways, utilities and timberlands, and invests on behalf of third parties.

Here is your Cheat Sheet to Brookfield Asset Management Earnings:

Earnings Expectations: Analysts expect earnings of $0.31 per share on revenues of $4.54 billion. Currently, the company’s P/E ratio stands at 19.63.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.44 to a profit $0.37. For the current year, the average estimate is a profit of $1.06, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Brookfield Asset Management has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 12,910 12,080 13,620 15,920 18,700
Diluted EPS ($) 1.02 0.71 2.33 2.89 1.97

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 4,122 4,044 4,293 4,701 5,492
Diluted EPS ($) 0.8927 0.60 0.17 0.48 0.7627

Past Performance:
Brookfield Asset Management has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]