What is Raymond James’ Forecast for TSE:BIP FY2024 Earnings?

Brookfield Infrastructure Partners LP (TSE:BIP) – Investment analysts at Raymond James boosted their FY2024 earnings estimates for Brookfield Infrastructure Partners in a report issued on Tuesday, January 21st. Raymond James analyst F. Bastien now expects that the company will post earnings of $4.42 per share for the year, up from their previous forecast of $4.27. Raymond James also issued estimates for Brookfield Infrastructure Partners’ Q4 2024 earnings at $1.11 EPS, Q3 2025 earnings at $1.22 EPS, Q4 2025 earnings at $1.24 EPS and FY2025 earnings at $4.90 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 during the quarter.

Brookfield Infrastructure Partners Price Performance

Brookfield Infrastructure Partners Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 29th were paid a dividend of $0.548 per share. The ex-dividend date was 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.