FY2024 EPS Estimates for TSE:BIP Increased by Analyst

Brookfield Infrastructure Partners LP (TSE:BIP) – Stock analysts at National Bank Financial boosted their FY2024 earnings per share (EPS) estimates for shares of Brookfield Infrastructure Partners in a note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $4.45 for the year, up from their prior estimate of $4.25. National Bank Financial also issued estimates for Brookfield Infrastructure Partners’ FY2026 earnings at $5.31 EPS and FY2027 earnings at $5.57 EPS.

Brookfield Infrastructure Partners Price Performance

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

Brookfield Infrastructure Partners Cuts Dividend

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

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.