Brookfield Infr Partners's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Brookfield Infr Partners (NYSE:BIP) is expected to release its quarterly earnings report on February 1, 2024, with an estimated EPS of $0.18. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, BIP's stock price has reacted variably to earnings releases, with an 8.37% increase after missing EPS last quarter. Over the past 52 weeks, BIP shares have declined by 8.26%, indicating potential dissatisfaction among long-term shareholders.
January 31, 2024 | 5:01 pm
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Brookfield Infr Partners is anticipated to report quarterly earnings with an estimated EPS of $0.18. Positive guidance could boost the stock, while a miss may not impact it significantly given past performance.
Given the historical increase in share price following an EPS miss last quarter, a positive earnings report and guidance could lead to a short-term uptick in BIP's stock price. However, the overall negative 52-week performance suggests that long-term trends may not be as easily reversed by a single earnings report.
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