Analyst Consensus ?
ConsensusBuy9 ratings
Bullish888.9%
Neutral111.1%
Bearish00.0%
Brookfield Corporation · BN · FY2025 Q2 · Calendar Q3 2025
Brookfield Q2: AI infrastructure and insurance expansion broaden the growth agenda
The supplied analysis supports a constructive but conditional view of Brookfield's operating trajectory: earnings growth, asset sales, insurance expansion and new AI-infrastructure initiatives broaden potential growth drivers, but the case depends on execution and timely monetization.
Reported Before market openNYSEFinancial Services
$81.62B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.88
Consensus $0.59
EPS surprise
+48.4%
Reported versus consensus
Reported revenue
$1.49B
Consensus $1.44B
Revenue surprise
+2.8%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-3.8%
Event window
SPY move
-0.1%
Same window
Abnormal move
-3.7%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
+2.5%
Up to 20 sessions
BNSPY benchmark
Ask FN2 about BN FY2025 Q2
Transcript, numbers and history already loaded
Why did BN fall 3.8% after beating EPS estimates in FY2025 Q2?What changed in BN's guidance and outlook in FY2025 Q2?Give me the bull and bear case for BN after FY2025 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior-quarter analysis, Brookfield added a dedicated AI-infrastructure strategy, announced the Just Group acquisition, reported higher deployable capital and year-to-date asset sales, and highlighted continued insurance expansion and a Google hydroelectric partnership.
Guidance delta
No formal guidance was provided in the supplied analysis; therefore, no guidance change is identified.
Key takeaways
- Management described Q2 as strong, with 13% earnings growth and $1.3 billion of distributable earnings.
- Brookfield announced the $3.2 billion acquisition of Just Group to expand its UK pension-risk-transfer capabilities.
- The company introduced an AI-infrastructure strategy centered on large-scale AI factories.
- Asset sales reached $55 billion year to date, while deployable capital rose to a record $177 billion.
Management priorities
- Develop AI infrastructure factories and secure cornerstone investors for the AI infrastructure fund.
- Scale insurance assets toward a $200 billion target, including further P&C growth.
- Continue fundraising for opportunistic real-estate and transition strategies.
- Maintain acquisition activity and partnerships, including the Google hydroelectric project.
Follow BN with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$36.92Current
$27.33Low
$49.74Average
$61High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 2, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Aug 14, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Jul 21, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | May 15, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | May 12, 2026 |
| TD Securities | Buy | Buy | Maintain | Nov 14, 2025 |
| CIBC | Outperform | Outperform | Maintain | Nov 14, 2025 |
| BMO Capital | Outperform | Outperform | Maintain | Nov 15, 2024 |
| Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain | Aug 9, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | Aug 31, 2023 |
Named analyst price targets
Upside is calculated against the persisted current price $36.92. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Scotiabank | Mario Saric | $54 | $43.68 | +46.2% | Aug 14, 2026 |
| Morgan Stanley | Analyst unavailable | $59 | $42.41 | +59.8% | Jul 21, 2026 |
| TD Securities | Cherilyn Radbourne | $60 | $45.06 | +62.5% | May 19, 2026 |
| Scotiabank | Analyst unavailable | $53 | $45.76 | +43.5% | May 15, 2026 |
| RBC Capital | Analyst unavailable | $61 | $45.6 | +65.2% | May 15, 2026 |
| Morgan Stanley | Michael Cyprys | $61 | $47.44 | +65.2% | Apr 21, 2026 |
| Morgan Stanley | Michael Cyprys | $60 | $47.39 | +62.5% | Feb 17, 2026 |
| Scotiabank | Analyst unavailable | $52 | $47.91 | +40.8% | Feb 13, 2026 |
| Morgan Stanley | Analyst unavailable | $58 | $46.98 | +57.1% | Jan 27, 2026 |
| BMO Capital | Sohrab Movahedi | $49 | $44.99 | +32.7% | Dec 17, 2025 |
| RBC Capital | Analyst unavailable | $58 | $45.66 | +57.1% | Dec 15, 2025 |
| CIBC | Analyst unavailable | $52 | $43.6 | +40.8% | Nov 14, 2025 |
| Morgan Stanley | Analyst unavailable | $54 | $44.2 | +46.2% | Oct 13, 2025 |
| Goldman Sachs | Alexander Blostein | $52 | $43.81 | +40.8% | Sep 2, 2025 |
| TD Securities | Analyst unavailable | $54.67 | $44.79 | +48.0% | Aug 5, 2025 |
| Scotiabank | Analyst unavailable | $50 | $44.98 | +35.4% | Jul 30, 2025 |
| BMO Capital | Sohrab Movahedi | $41.33 | $37.88 | +11.9% | Nov 15, 2024 |
| CIBC | Dean Wilkinson | $38 | $29.8 | +2.9% | Aug 9, 2024 |
| Scotiabank | Mario Saric | $34.17 | $29.63 | -7.5% | Aug 9, 2024 |
| RBC Capital | Geoffrey Kwan | $37.33 | $29.63 | +1.1% | Aug 9, 2024 |
| BMO Capital | Sohrab Movahedi | $30.67 | $29.34 | -16.9% | May 10, 2024 |
| Credit Suisse | Analyst unavailable | $27.33 | $25.13 | -26.0% | Feb 6, 2023 |
| TD Securities | Cherilyn Radbourne | $48 | $33.25 | +30.0% | Sep 9, 2022 |
| Deutsche Bank | Brian Bedell | $38 | $31.39 | +2.9% | May 21, 2022 |
| Deutsche Bank | Brian Bedell | $40 | $30.29 | +8.3% | May 13, 2022 |
| Credit Suisse | Analyst unavailable | $47.67 | $33.16 | +29.1% | Apr 27, 2022 |
| Scotiabank | Mario Saric | $42 | $37.51 | +13.7% | Aug 16, 2021 |
Track every rating change on BN the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationBrookfield Corporation operates as a leading alternative asset and real estate investment management firm. It specializes in real estate, renewable power, infrastructure, venture capital, and private equity, providing a diverse range of public and private investment products and services to institutional and individual clients alike. The firm's investment approach centers on acquiring substantial, high-quality assets worldwide, utilizing both its proprietary capital and funds contributed by other investors. Within its private equity and venture capital divisions, Brookfield engages in a broad spectrum of activities, including growth equity, early-stage investments, control and distressed buyouts, corporate spin-offs, recapitalizations, and various forms of debt financing (convertible, senior, and mezzanine). It also focuses on operational and capital structure restructuring, strategic turnarounds, and revitalizing underperforming mid-market companies.…
Historical context
All BN earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| FDS FactSet Research Systems Inc. | FY2026 Q4 · Calendar Q3 2026 | +3.9% | +3.8% | FactSet reports record FY26 results as AI and MCP adoption accelerate |
| PUK Prudential plc | FY2026 Q2 · Calendar Q3 2026 | -40.9% | -0.5% | Prudential sustains growth and capital returns focus in H1 2026 |
| CM Canadian Imperial Bank of Commerce | FY2026 Q3 · Calendar Q3 2026 | +8.9% | -2.8% | CIBC Q3: Broad growth, resilient credit and expanded AI rollout |
| TD The Toronto-Dominion Bank | FY2026 Q3 · Calendar Q3 2026 | +13.8% | +1.4% | TD emphasizes growth investments alongside disciplined capital management |
| RY Royal Bank of Canada | FY2026 Q3 · Calendar Q3 2026 | +6.2% | -1.3% | RBC reports record Q3 earnings while investing for growth |
| AFRM Affirm Holdings, Inc. | FY2026 Q4 · Calendar Q3 2026 | +1230.3% | +0.3% | Affirm's most profitable quarter shifts focus to product execution |
Latest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% move
Get the BN recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:36:15.940040+00:00
- Polygon adjusted daily market bars · 2026-10-02T18:46:09.397048+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-02T18:46:09.393840+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-02. For educational purposes only; not investment advice.