Benzinga | Aug 6, 2020 08:03AM EDT

Brookfield Business Q2 FFO $1.15, Sales $7.37B Miss $10.18B Estimate

Brookfield Business (NYSE:BBU) reported quarterly earnings of $1.15 per share which beat the analyst consensus estimate of $0.85 by 35.29 percent. This is a 40.24 percent increase over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $7.37 billion which missed the analyst consensus estimate of $10.18 billion by 27.60 percent. This is a 31.23 percent decrease over sales of $10.72 billion the same period last year.