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Brookfield Asset Management: 1Q Earnings Snapshot

TORONTO (AP) _ Brookfield Asset Management Inc. (BAM) on Thursday reported first-quarter profit of $615 million.

The Toronto-based company said it had profit of 58 cents per share.

The asset management company posted revenue of $15.21 billion in the period.

Brookfield Asset Management shares have increased 23% since the beginning of the year. The stock has climbed 19% in the last 12 months.


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