Brookfield Asset Management: Q1 Earnings Snapshot

May 12, 2022 GMT

TORONTO (AP) _ Brookfield Asset Management Inc. (BAM) on Thursday reported first-quarter profit of $1.36 billion.

On a per-share basis, the Toronto-based company said it had profit of 81 cents.

The asset management company posted revenue of $21.88 billion in the period.

Brookfield Asset Management shares have decreased 22% since the beginning of the year. The stock has risen 2% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAM at https://www.zacks.com/ap/BAM