Brookfield Corp.: Q4 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — Brookfield Corporation (BN) on Thursday reported fourth-quarter net income of $699 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had net income of 42 cents. Earnings, adjusted for non-recurring costs, came to 83 cents per share.

The asset management company posted revenue of $24.52 billion in the period.

For the year, the company reported profit of $1.13 billion, or 61 cents per share. Revenue was reported as $95.92 billion.

Brookfield Corp. shares have decreased roughly 1% since the beginning of the year. The stock has risen nearly 8% in the last 12 months.

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