TSE:BIP FY2024 EPS Boosted by National Bank Financial

Brookfield Infrastructure Partners LP (TSE:BIP) – National Bank Financial upped their FY2024 earnings per share 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 earn $4.45 per share for the year, up from their prior forecast 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 quarterly earnings data on Wednesday, November 6th. The company reported C($0.25) EPS for the quarter, missing the consensus estimate 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 business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 29th were given a $0.548 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.19 annualized dividend and a 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.