Brookfield Infrastructure Partners (BIP) Reports Q4 Loss of $0.07

Brookfield Infrastructure Partners (NYSE: BIP) reported Q4 EPS of ($0.07), versus $0.06 reported last year. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $976.73 million.

“2019 was one of the most active and positive years in our company’s history. Our financial results and operating performance were strong and we added high-quality assets to each of our operating segments,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure Partners. “Our business is well-positioned for continued growth and our outlook remains positive. We are on track to raise $1.5─2 billion of capital from our ongoing capital recycling program. Our plan is to redeploy proceeds from asset sales into higher yielding new investments which should provide for another period of outsized FFO growth.”

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

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