Brookfield Infrastructure Partners (BIP) Misses Q2 EPS by 45c

Brookfield Infrastructure Partners (NYSE: BIP) reported Q2 EPS of ($0.25), $0.45 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $1.95 million versus the consensus estimate of $919.67 million.

“Our business has performed well during the quarter, reflecting the critical nature of our assets and the regulated and contractual frameworks that support them,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure Partners. “We are optimistic that the economic recovery will continue for the balance of 2020. Our strong liquidity position and access to capital gives us confidence as we evaluate a number of attractive investment opportunities.”

For earnings history and earnings-related data on Brookfield Infrastructure Partners (BIP) click here.

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