National Bank Financial Predicts TSE:BIP Q3 Earnings

Brookfield Infrastructure Partners LP (TSE:BIP) – Analysts at National Bank Financial issued their Q3 2024 EPS estimates for Brookfield Infrastructure Partners in a note issued to investors on Wednesday, October 23rd. National Bank Financial analyst P. Kenny anticipates that the company will post earnings per share of $0.69 for the quarter.

Separately, Cibc World Mkts raised Brookfield Infrastructure Partners to a “strong-buy” rating in a research note on Friday, August 2nd.

Brookfield Infrastructure Partners Stock Performance

Brookfield Infrastructure Partners (TSE:BIP) last posted its quarterly earnings data on Thursday, August 1st. The company reported C($0.14) earnings per share for the quarter, missing the consensus estimate of C$0.95 by C($1.09). The business had revenue of C$7.03 billion for the quarter.

Brookfield Infrastructure Partners Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, August 30th were paid a dividend of $0.554 per share. The ex-dividend date was Friday, August 30th. This represents a $2.22 dividend on an annualized basis and a dividend yield of ?. This is a positive change from Brookfield Infrastructure Partners’s previous quarterly dividend of $0.55.

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.