Brookfield Infrastructure Partners (BIP) Misses Q3 EPS by 5c
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Brookield Infrastructure Reports Strong 2015 Third Quarter Results
November 4, 2015 6:54 AM ESTHAMILTON, BERMUDA -- (Marketwired) -- 11/04/15 -- Brookfield Infrastructure (NYSE: BIP)(TSX: BIP.UN) today announced our results for the third quarter ended September 30, 2015.
Three Months Ended Nine Months Ended ------------------------------------------ For the periods ended Sept. 30 US$ millions (except per unit amounts) 2015 2014 2015 2014 ---------------------------------------------------------------------------- FFO(1) $ 210 $ 178 $ 604 $ 544 - per unit(2) $ 0.91 $ 0.85 $ 2.71 $ 2.59 Net income $ 123 $ 72 $ 273 $ 117 - per unit(3) $ 0.46 $ 0.29 $ 1.01 $ 0.39 ---------------------------------------------------------------------------- ----------------------------------------------------------------------------Brookfield Infrastructure generated funds from operations ("FFO") totalling $210 million ($0.91 per unit) for the quarter, up from $178 million ($0.85 per unit) last year. Results benefitted from the contribution from our newly acquired communications... More
