Earnings Preview For Brookfield Infr Partners

Brookfield Infr Partners (NYSE:BIP) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Brookfield Infr Partners will report an earnings per share (EPS) of $0.14.

The announcement from Brookfield Infr Partners is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Overview of Past Earnings

In the previous earnings release, the company missed EPS by $0.26, leading to a 2.22% drop in the share price the following trading session.

Here's a look at Brookfield Infr Partners's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.16

0.11

0.18

0.13

EPS Actual

-0.10

0.10

0.36

0.03

Price Change %

-2.0%

3.0%

-1.0%

8.0%

Analyst Opinions on Brookfield Infr Partners

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Brookfield Infr Partners.

The consensus rating for Brookfield Infr Partners is Buy, derived from 1 analyst ratings. An average one-year price target of $39.0 implies a potential 15.04% upside.

Comparing Ratings with Peers

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