Brookfield Infrastructure Partners LP BIP.N reported a quarterly adjusted loss of 17 cents per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of -3 cents. The lone analyst forecast for the quarter was for earnings of 15 cents per share.
Revenue rose 34% to $4.97 billion from a year ago.
Brookfield Infrastructure Partners LP's reported EPS for the quarter was a loss of 17 cents.
The company reported a quarterly loss of $82 million.
Brookfield Infrastructure Partners LP shares had risen by 0.7% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."
Wall Street's median 12-month price target for Brookfield Infrastructure Partners LP is $45.00
This summary was machine generated from LSEG data February 1 at 06:41 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Dec. 31 2023 |
0.79 |
0.79 |
Met |
Sep. 30 2023 |
0.75 |
0.73 |
Missed |
Jun. 30 2023 |
0.73 |
0.72 |
Missed |
Mar. 31 2023 |
0.73 |
0.72 |
Missed |