BROOKFIELD BUSINESS PARTNERS L.P Reports Q2 FY2023 Earnings on August 4 2023

August 21, 2023

🌥️Earnings Overview

On August 4 2023, BROOKFIELD BUSINESS PARTNERS L.P ($NYSE:BBU) reported their earnings for the second quarter of FY2023, ending June 30 2023. Total revenue had dropped by 7.7% from the same period in FY2022, amounting to USD 13506.0 million. Net income plummeted 87.8% year-over-year, reaching USD 6.0 million.

Market Price

At the start of the day, the stock opened at $17.1 per share before closing at $17.7, representing a modest decrease of 0.1% from its previous closing price of $17.7. The company’s Q2 FY2023 earnings bring to light the financial performance of the company in the current fiscal year so far and provide investors with an insight into the future prospects of the company. The report also includes information regarding the company’s operations, such as market share, sales, product development, investments, and other important metrics. BROOKFIELD BUSINESS PARTNERS L.P’s stock has been significantly affected by their Q2 FY2023 earnings announcement and potential investors are encouraged to pay close attention to the company’s progress and financial statements going forward. The stock is a reliable investment option for those looking to diversify their financial portfolio with a reputable business partner. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for BBU. More…

    Total Revenues Net Income Net Margin
    56.77k 9 -0.0%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for BBU. More…

    Operations Investing Financing
    1.43k -18.72k 18.07k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for BBU. More…

    Total Assets Total Liabilities Book Value Per Share
    90.31k 71.42k 19.52
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for BBU are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    11.8% 20.5% 6.3%
    FCF Margin ROE ROA
    -0.6% 153.2% 2.5%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    GoodWhale offers you a comprehensive analysis of BROOKFIELD BUSINESS PARTNERS L.P’s fundamentals. Our Risk Rating system evaluates the company’s financial and business facets to give an overall risk score. Currently, BROOKFIELD BUSINESS PARTNERS L.P is rated as a high-risk investment. GoodWhale’s risk detectors have identified 3 risk warnings in the income sheet, balance sheet, and cashflow statement. To learn more about these risks, please register on and get access to our full analysis. Our detailed report will provide you with all the information you need to make an informed decision about your investment. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Summary

    Investors should take note of BROOKFIELD BUSINESS PARTNERS L.P’s second quarter of FY2023 earnings, released on August 4 2023. Total revenue had decreased 7.7% year over year, coming in at USD 13506.0 million. Net income had decreased 87.8%, totaling USD 6.0 million.

    Although these figures may appear concerning, potential investors should further assess the company’s performance to determine its potential for growth. In particular, it’s important to consider the company’s business strategy, financials, and management team before making an investment in the company.

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