Brookfield Business Partners L.P. (BBU) to Release Earnings on Monday

Brookfield Business Partners L.P. (NYSE:BBU) will post its quarterly earnings results before the market opens on Monday, November 6th.

Brookfield Business Partners L.P. (NYSE:BBU) last announced its earnings results on Tuesday, August 8th. The business services provider reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.15). Brookfield Business Partners L.P. had a net margin of 1.63% and a return on equity of 1.22%. The firm had revenue of $4.87 billion during the quarter. On average, analysts expect Brookfield Business Partners L.P. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Brookfield Business Partners L.P. (BBU) traded up 0.98% during midday trading on Monday, hitting $29.77. 27,990 shares of the stock traded hands. The company’s 50 day moving average price is $29.86 and its 200-day moving average price is $28.09. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 97.29 and a beta of 1.76. Brookfield Business Partners L.P. has a 12-month low of $21.72 and a 12-month high of $31.78.

ILLEGAL ACTIVITY NOTICE: This report was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.com-unik.info/2017/10/30/brookfield-business-partners-l-p-bbu-to-release-earnings-on-monday.html.

Several research analysts have recently weighed in on the stock. Scotiabank boosted their price target on shares of Brookfield Business Partners L.P. from $29.00 to $33.50 and gave the company an “outperform” rating in a research report on Wednesday, August 9th. Brookfield Business Partners LP boosted their price target on shares of Brookfield Business Partners L.P. to $43.00 and gave the company an “outperform” rating in a research report on Wednesday, August 16th.

A hedge fund recently raised its stake in Brookfield Business Partners L.P. stock. Northern Trust Corp boosted its stake in Brookfield Business Partners L.P. (NYSE:BBU) by 10.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,854 shares of the business services provider’s stock after buying an additional 1,834 shares during the period. Northern Trust Corp’s holdings in Brookfield Business Partners L.P. were worth $510,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 59.35% of the company’s stock.

About Brookfield Business Partners L.P.

What are top analysts saying about Brookfield Business Partners L.P.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Brookfield Business Partners L.P. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit