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FY2023 EPS Estimates for Brookfield Infrastructure Partners LP (TSE:BIP) Lowered by Analyst

Defense World ·  Oct 7, 2022 14:02

Brookfield Infrastructure Partners LP (TSE:BIP – Get Rating) – Equities research analysts at National Bank Financial lowered their FY2023 earnings per share (EPS) estimates for Brookfield Infrastructure Partners in a report released on Monday, October 3rd. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $4.16 for the year, down from their previous forecast of $4.25.

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Brookfield Infrastructure Partners Stock Performance

Brookfield Infrastructure Partners (TSE:BIP – Get Rating) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported C$0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.86 by C($0.69). The company had revenue of C$4.70 billion during the quarter.

Brookfield Infrastructure Partners Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 29th. Investors of record on Wednesday, August 31st were given a $0.461 dividend. This represents a $1.84 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Tuesday, August 30th.

About Brookfield Infrastructure Partners

(Get Rating)

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.

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