Fee-Related Earnings up 14% Year-Over-Year to $644 Million $135 Billion of Capital Raised Over LTM, Growing Fee-Bearing Capital 23% to $539 Billion Brookfield Takes Initial Steps to Enhance Shareholder Ownership and Index Inclusion NEW YORK,

Brookfield Asset Management (BAM) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.35 per share a year ago.

TORONTO — Brookfield Asset Management Ltd. says it earned a third-quarter profit of US$129 million from its stake in the asset management business it owns with Brookfield Corp.

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Revenue for the quarter increased to $1.117 billion from $893 million in the previous year. The company's Board has declared a quarterly dividend of $0.38 per share, payable on December 31, to shareholders of record on November 29.

The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. The investment manager posted revenue of $1.12 billion in the period. Its adjusted revenue was $1.