Brookfield Business Partners (NYSE:BBU – Get Free Report) is anticipated to release its earnings data before the market opens on Friday, January 31st. Analysts expect Brookfield Business Partners to post earnings of $0.14 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Brookfield Business Partners (NYSE:BBU – Get Free Report) last posted its earnings results on Friday, November 8th. The business services provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.39. The business had revenue of $9.23 billion for the quarter. Brookfield Business Partners had a net margin of 11.77% and a return on equity of 30.68%. During the same quarter in the previous year, the firm posted $1.33 EPS. On average, analysts expect Brookfield Business Partners to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Brookfield Business Partners Stock Performance
Brookfield Business Partners stock opened at $21.57 on Friday. The stock has a market cap of $1.60 billion, a P/E ratio of 2.66 and a beta of 1.50. The company has a current ratio of 1.17, a quick ratio of 0.95 and a debt-to-equity ratio of 2.12. The stock has a 50 day moving average of $23.63 and a 200-day moving average of $22.24. Brookfield Business Partners has a 52 week low of $16.85 and a 52 week high of $26.75.
Brookfield Business Partners Increases Dividend
Wall Street Analyst Weigh In
Separately, BMO Capital Markets boosted their price target on Brookfield Business Partners from $32.00 to $34.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Brookfield Business Partners has a consensus rating of “Buy” and a consensus price target of $32.00.
Brookfield Business Partners Company Profile
Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments.
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