FY2024 Earnings Estimate for TSE:BIP Issued By Raymond James

Brookfield Infrastructure Partners LP (TSE:BIP) – Research analysts at Raymond James reduced their FY2024 earnings estimates for Brookfield Infrastructure Partners in a research note issued to investors on Thursday, November 7th. Raymond James analyst F. Bastien now forecasts that the company will earn $4.27 per share for the year, down from their previous forecast of $4.38. Raymond James also issued estimates for Brookfield Infrastructure Partners’ Q4 2024 earnings at $1.07 EPS, Q1 2025 earnings at $1.21 EPS, Q3 2025 earnings at $1.17 EPS, Q4 2025 earnings at $1.18 EPS and FY2025 earnings at $4.73 EPS.

Separately, Cibc World Mkts raised shares of Brookfield Infrastructure Partners to a “strong-buy” rating in a research note on Friday, August 2nd.

Brookfield Infrastructure Partners Stock Performance

Brookfield Infrastructure Partners (TSE:BIP) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C($0.25) EPS for the quarter, missing analysts’ consensus estimates of C$1.10 by C($1.35). The firm had revenue of C$7.19 billion during the quarter.

Brookfield Infrastructure Partners Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 29th will be paid a $0.548 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.19 annualized dividend and a yield of ?.

Brookfield Infrastructure Partners Company Profile

Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data infrastructure sectors across North and South America, Asia Pacific and Europe. The Company is focused on assets that have contracted and regulated revenues that generate stable and predictable cash flows.