InfraREIT Reports Fourth Quarter and Full Year 2017 Results

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InfraREIT (HIFR) Tops Q4 EPS by 3c

March 1, 2018 8:26 AM EST

InfraREIT (NYSE: HIFR) reported Q4 EPS of $0.50, $0.03 better than the analyst estimate of $0.47. Revenue for the quarter came in at $58.7 million versus the consensus estimate of $69.49 million.

Outlook and Guidance

EPS is projected in the range of $1.29 to $1.39 for 2018. Non-GAAP EPS is estimated in the range of $1.22 to $1.32 for 2018. These guidance ranges have been adjusted to reflect the expected impact of the TCJA on... More