InfraREIT (HIFR) Reports In-Line Q3 EPS; Updates Certain FY16 Guidance

InfraREIT (NYSE: HIFR) reported Q3 EPS of $0.32, in-line with the analyst estimate of $0.32.

Updated guidance:

• Net income range of $67 million to $73 million
• Net income attributable to InfraREIT, Inc. common stockholders per share range of $1.10 to $1.20
• Capital expenditure range of $470 million to $630 million for the period of 2016 through 2018
• Expect to maintain the Company's current quarterly cash dividend of $0.25 per share, or $1.00 per share annualized, through the resolution of the rate case

For earnings history and earnings-related data on InfraREIT (HIFR) click here.

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