Brookfield Infrastructure (BIP) Q4 Earnings Miss Estimates
Zacks Investment Research | Feb 11, 2018 11:35PM ET
Brookfield Infrastructure Partners L.P. (NYSE:BIP) posted fourth-quarter 2017 earnings of 36 cents per unit, missing the Zacks Consensus Estimate of 82 cents by 56.09%.
The partnership reported earnings of 40 cents per unit in the year-ago quarter. Direct cost and general & administrative expenses were higher than the year-ago quarter’s level, which led to a year-over-year decline in earnings.
Revenues
Brookfield Infrastructure reported revenues of $984 million, which beat the Zacks Consensus Estimate of $942 million by 4.45%. Revenues surged 45.3% year over year from $677 million.
Brookfield Infrastructure Partners LP Price, Consensus and EPS Surprise
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NextEra Energy (NYSE:NEE) reported fourth-quarter 2017 adjusted earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.31 by 4.6%.
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Dominion Energy (NYSE:D) reported fourth-quarter 2017 operating earnings of 91 cents per share, which beat the Zacks Consensus Estimate of 88 cents by 3.4%.
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