Brokers Offer Predictions for TSE:BIP FY2024 Earnings

Brookfield Infrastructure Partners LP (TSE:BIP) – Equities researchers at National Bank Financial upped their FY2024 earnings estimates for shares of Brookfield Infrastructure Partners in a report issued 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 previous 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 (TSE:BIP) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C($0.25) earnings per share (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 for the quarter.

Brookfield Infrastructure Partners Stock Performance

Brookfield Infrastructure Partners Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th were issued a $0.548 dividend. The ex-dividend date was Friday, November 29th. This represents a $2.19 dividend on an annualized basis and a dividend yield of ∞.

About Brookfield Infrastructure Partners

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.