Brookfield Business Partners L.P. (NYSE:BBU) issued its quarterly earnings results on Tuesday. The business services provider reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by $0.15, MarketWatch Earnings reports. Brookfield Business Partners L.P. had a return on equity of 2.01% and a net margin of 2.51%.

Shares of Brookfield Business Partners L.P. (BBU) traded up 6.28% during mid-day trading on Tuesday, hitting $29.28. 14,071 shares of the stock were exchanged. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 636.52 and a beta of 2.10. The company’s 50-day moving average is $27.44 and its 200-day moving average is $26.03. Brookfield Business Partners L.P. has a 1-year low of $20.35 and a 1-year high of $29.53.

Separately, Scotiabank upped their price target on shares of Brookfield Business Partners L.P. from $28.50 to $39.00 and gave the stock an “outperform” rating in a research note on Friday, April 21st.

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Brookfield Business Partners L.P. Company Profile

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