Brookfield Infr Partners (NYSE:BIP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Brookfield Infr Partners missed estimated earnings by 138.89%, reporting an EPS of $-0.07 versus an estimate of $0.18.
Revenue was up $807.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 0.49% increase in the share price the next day.
Here’s a look at Brookfield Infr Partners’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.21 | 0.14 | 0.09 |
| EPS Actual | -0.03 | 0.05 | 0.13 | -0.01 |
| Revenue Estimate | 2.27B | 2.92B | 2.72B | 2.92B |
| Revenue Actual | 3.71B | 3.63B | 3.68B | 3.41B |
To track all earnings releases for Brookfield Infr Partners visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.