Brookfield posts earnings beat as CEO stresses long-term focus
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Brookfield reported Q1 earnings of $0.66 per share and $18.58 billion in revenue, exceeding expectations. CEO Bruce Flatt emphasized the importance of focusing on long-term cash flows and reinvestment, urging investors to ignore short-term market fluctuations. The company also completed its Just Group acquisition and plans to merge its corporate and wealth solutions units to access $145 billion in capital.
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