Brookfield Business Partners Q3 net loss narrows

Brookfield Business Partners LP

06/11/2025 12:00

Overview

Brookfield Business Partners Q3 net loss of $59 mln, down from $301 mln last yr

Adjusted EBITDA for Q3 falls to $575 mln from $844 mln last yr

Outlook

Company expects FPSO operation sale to close in H1 2026

Brookfield Business Partners to complete corporate reorganization in Q1 2026

Company completed $2.6 bln privatization of First National Financial Corp

Result Drivers

INDUSTRIALS GROWTH - Industrials segment saw a 17% increase in Adjusted EBITDA excluding tax recoveries, driven by acquisitions and strong performance in advanced energy storage and engineered components

BUSINESS SERVICES CHALLENGES - Business Services segment impacted by partial interest sale and technology upgrade costs, though residential mortgage insurer benefited from resilient demand

INFRASTRUCTURE SERVICES IMPACT - Infrastructure Services segment results affected by asset dispositions, with stable performance in modular building leasing despite weak market conditions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$59 mln
Q3 Adjusted EBITDA
$575 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

Wall Street's median 12-month price target for Brookfield Business Partners LP is $39.00, about 11% above its November 5 closing price of $34.71

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX1ZHLJJ

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(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.)