Brookfield Infrastructure Partners (BIP) Reports Q1 EPS of $0.42, Beats on Revenues

Brookfield Infrastructure Partners (NYSE: BIP) reported Q1 EPS of $0.42, versus $0.65 reported last year. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $944.57 million.

“2018 is off to a good start. With the sale of our Chilean electricity transmission business, we continue to demonstrate our full cycle investment strategy,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. “The proceeds dramatically increased our total liquidity, which now stands at over $4 billion. We can use this substantial liquidity to fund our strong backlog of organic growth projects and opportunistically deploy into new investment initiatives on a value basis.”

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

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