Brookfield Infrastructure Partners (BIP) Misses Q1 EPS by 6c

Brookfield Infrastructure Partners (NYSE: BIP) reported Q1 EPS of $0.13, $0.06 worse than the analyst estimate of $0.19.

“The first quarter of 2020 brought about extraordinary challenges on a global scale. Our results were solid as every operating business we own was deemed an essential service and has continued operating throughout this period,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure Partners. “As the economic recovery unfolds over the coming quarters, we remain confident that our highly-diversified business is well-positioned both financially and operationally. This will give us the opportunity to take advantage of market conditions to acquire high-quality assets for deep value, as we have in the past during periods of dislocation.”

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

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