TORONTO – TORONTO (AP) _ Brookfield Asset Management Inc. (BAM) on Friday reported fourth-quarter earnings of $678 million.
On a per-share basis, the Toronto-based company said it had net income of 67 cents.
The asset management company posted revenue of $5.54 billion in the period.
For the year, the company reported profit of $2.34 billion, or $2.32 per share. Revenue was reported as $19.91 billion.
Brookfield Asset Management shares have dropped 13 per cent since the beginning of the year. The stock has fallen 22 per cent 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 http://www.zacks.com/ap/BAM
Keywords: Brookfield Asset Management, Earnings Report