Brookfield Infrastructure Partners (BIP) Reports Q4 FFO of $0.69

Brookfield Infrastructure Partners (NYSE: BIP) reported Q4 FFO per unit of $0.69, versus $0.59 reported last year. Revenue for the quarter came in at $0 versus the consensus estimate of $647.21 million.

"In 2016 we expanded our business and generated FFO growth of 17%. We deployed over $800 million in organic growth projects in our utilities, transport and energy businesses and executed on $2 billion of investments, increasing our presence in several sectors globally," said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. "Heading into 2017, our current pipeline for new investments is robust and includes a number of large potential corporate carve-outs of telecom and energy businesses. With corporate liquidity of over $3 billion, we are in a strong position to invest in our businesses to generate future growth."

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

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