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BAM BROOKFIELD ASSET MANAGEMENT News Story

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FinancialsBalancedLarge CapMomentum Trap

Brookfield Asset Management Q1 fee earnings rise 11%

Corrects currency for Q1 fee-related earnings per share to USD from CAD in Key Details table and first bullet of Overview

Overview

Alternative asset manager's Q1 fee-related earnings per share rose 11% yr/yr to $0.48

Distributable earnings for Q1 increased 7% yr/yr to $702 mln

Company raised $21 bln in new capital and deployed or committed $34 bln in Q1

Outlook

Brookfield Asset Management expects 2026 growth to exceed its long-term targets

Company expects infrastructure and private equity flagships to be largest vintages ever

Company says market conditions remain favorable for capital deployment and monetization

Result Drivers

FUNDRAISING - Co said Q1 fundraising totaled $21 bln, driven by complementary strategies and insurance inflows

CAPITAL DEPLOYMENT - Co deployed or committed to deploy $34 bln in Q1 across infrastructure, energy, private equity, real estate, and credit

FLAGSHIP STRATEGY GROWTH - Co said infrastructure and private equity flagship funds launched new vintages, expected to be largest ever

Company press release: ID:nGNX9tnRjZ

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Fee-related earnings per share$0.48
Q1 Distributable Earnings$702 mln
Q1 Net Income$586 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the investment management & fund operators peer group is "buy." Wall Street's median 12-month price target for BROOKFIELD ASSET MANAGEMENT LTD is $57.00, about 16.8% above its May 7 closing price of $48.79 The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 27 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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