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Brookfield Corp.: Q1 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — Brookfield Corporation (BN) on Thursday reported first-quarter net income of $102 million.

On a per-share basis, the Toronto-based company said it had profit of 3 cents. Earnings, adjusted for non-recurring costs, came to 66 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.

The asset management company posted revenue of $18.58 billion in the period.

Brookfield Corp. shares have declined almost 2% since the beginning of the year. The stock has increased 14% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BN at https://www.zacks.com/ap/BN

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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