InfraREIT (HIFR) Reports Q2 Loss of $0.65/Share

InfraREIT (NYSE: HIFR) reported Q2 EPS of ($0.65), versus $0.11 reported last year. Revenue for the quarter came in at $29.4 million, versus $24.8 million reported last year.

On an adjusted basis, earnings before noncontrolling interest and before interest, taxes, depreciation and amortization (Adjusted EBITDA) was $34.4 million in the first quarter of 2015, an increase of 22 percent, compared to $28.2 million in the same period in 2014. Funds from Operations before noncontrolling interest (FFO) was $(26.4) million for the first quarter of 2015 compared to $13.5 million from the same period in 2014. FFO on an adjusted basis (AFFO) was $26.8 million for the first quarter of 2015, an increase of 32 percent, compared to $20.3 million in the same period in 2014.

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

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