Brookfield Business Partners (BBU) Expected to Announce Quarterly Earnings on Friday

Brookfield Business Partners (NYSE:BBU - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $1.28 per share and revenue of $3.03 billion for the quarter.

Brookfield Business Partners (NYSE:BBU - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $1.33. Brookfield Business Partners had a return on equity of 5.09% and a net margin of 2.20%. On average, analysts expect Brookfield Business Partners to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Brookfield Business Partners Stock Down 0.8 %

Shares of NYSE:BBU traded down $0.17 on Wednesday, hitting $22.06. 16,365 shares of the company traded hands, compared to its average volume of 15,176. The stock has a 50 day simple moving average of $22.53 and a 200-day simple moving average of $23.13. The company has a quick ratio of 0.39, a current ratio of 0.50 and a debt-to-equity ratio of 2.12. The company has a market cap of $1.97 billion, a PE ratio of -45.02 and a beta of 1.34. Brookfield Business Partners has a 52 week low of $16.85 and a 52 week high of $26.75.

Brookfield Business Partners Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 1.13%. The ex-dividend date was Friday, February 28th. Brookfield Business Partners's dividend payout ratio (DPR) is -51.02%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. BMO Capital Markets increased their price target on shares of Brookfield Business Partners from $32.00 to $34.00 and gave the company an "outperform" rating in a report on Friday, January 10th. Royal Bank of Canada reduced their target price on Brookfield Business Partners from $32.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, February 3rd. National Bankshares lowered their price target on Brookfield Business Partners from $36.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday. Scotiabank reduced their price objective on Brookfield Business Partners from $33.00 to $29.00 and set a "sector outperform" rating for the company in a report on Thursday, April 24th. Finally, CIBC lowered their target price on shares of Brookfield Business Partners from $34.00 to $30.00 and set an "outperformer" rating on the stock in a research note on Monday. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $31.00.

Brookfield Business Partners Company Profile

Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments.