Earnings Estimates Rising for Brookfield Business Partners (BBU): Will It Gain?

Core Viewpoint - Brookfield Business Partners L.P. (BBU) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Current-Quarter Estimate Revisions - For the current quarter, Brookfield Business Partners is expected to earn $1.26 per share, reflecting a decrease of 80.82$5.43, indicating a year-over-year decline of 16.33% [5]. - The consensus estimate for the current year has risen by 20.27% as two estimates have been revised upward with no negative revisions [5]. Favorable Zacks Rank - The positive estimate revisions have led to Brookfield Business Partners achieving a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance [6]. - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [6]. Bottom Line - Brookfield Business Partners shares have increased by 5.2% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects [7].