EPS for Brookfield Infrastructure Partners L.P. (BIP) Expected At $0.76

July 11, 2018 - By Adrian Erickson

Brookfield Infrastructure Partners L.P. (NYSE:BIP) Logo

Analysts expect Brookfield Infrastructure Partners L.P. (NYSE:BIP) to report $0.76 EPS on August, 2.They anticipate $0.04 EPS change or 5.00 % from last quarter’s $0.8 EPS. BIP’s profit would be $299.53M giving it 13.08 P/E if the $0.76 EPS is correct. After having $0.85 EPS previously, Brookfield Infrastructure Partners L.P.’s analysts see -10.59 % EPS growth. The stock decreased 1.22% or $0.49 during the last trading session, reaching $39.75. About 275,410 shares traded. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has declined 5.22% since July 12, 2017 and is downtrending. It has underperformed by 17.79% the S&P500.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) Ratings Coverage

Among 2 analysts covering Brookfield Infrastructure (NYSE:BIP), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brookfield Infrastructure had 2 analyst reports since February 9, 2018 according to SRatingsIntel. BMO Capital Markets maintained Brookfield Infrastructure Partners L.P. (NYSE:BIP) rating on Friday, February 9. BMO Capital Markets has “Buy” rating and $47.0 target. The rating was upgraded by Credit Suisse to “Outperform” on Thursday, July 5.

Brookfield Infrastructure Partners L.P. engages in utility, transport, energy, and communications infrastructure businesses. The company has market cap of $15.67 billion. The company??s Utilities segment operates a port facility that exports metallurgical and thermal coal mined in the central Bowen Basin region of Queensland, Australia; approximately 11,200 kilometers of transmission lines in North and South America; and approximately 2.8 million electricity and natural gas connections in the United Kingdom and Colombia. It has a 102.71 P/E ratio. The Company’s Transport segment provides transportation, storage, and handling services for freight, bulk commodities, and passengers through a network of 5,500 kilometers of track network in south of Western Australia; approximately 4,800 kilometers of rail in South America; approximately 3,600 kilometers of motorways in Brazil, Chile, Peru, and India; and 36 port terminals in North America, the United Kingdom, Australia, and Europe.

More notable recent Brookfield Infrastructure Partners L.P. (NYSE:BIP) news were published by: Seekingalpha.com which released: “Enbridge sells Canadian nat gas businesses for $3.3B” on July 04, 2018, also Nasdaq.com with their article: “If You’re Retired, Consider Buying These 3 Stocks” published on July 11, 2018, Seekingalpha.com published: “Wall Street Breakfast: Clock Ticks Down To Next Tariff Round” on July 05, 2018. More interesting news about Brookfield Infrastructure Partners L.P. (NYSE:BIP) were released by: Fool.com and their article: “Kinder Morgan Inc’s Loss Might Be This High-Yield Stock’s Gain” published on June 18, 2018 as well as Globenewswire.com‘s news article titled: “Brookfield Infrastructure to Acquire Western Canadian Midstream Business” with publication date: July 04, 2018.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>