Benzinga | Feb 2, 2021 10:10AM EST

Earnings Preview for Brookfield Infr Partners

Brookfield Infr Partners (NYSE:BIP) announces its next round of earnings this Wednesday, February 03. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on management's projections, Brookfield Infr Partners analysts model for earnings of $0.16 per share on sales of $1.10 billion. Brookfield Infr Partners EPS in the same period a year ago totaled $0.07. Sales were $1.66 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 328.57% increase in the company's earnings. Sales would be down 33.53% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.11 0.20 0.19 0.19EPS Actual -0.12 -0.25 0.13 -0.07Revenue Estimate 990.12 M 919.67 M 1.02 B 1.10 BRevenue Actual 2.21 B 1.95 B 2.20 B 1.66 B

Stock Performance

Shares of Brookfield Infr Partners were trading at $52.24 as of February 01. Over the last 52-week period, shares are up 8.67%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Brookfield Infr Partners is scheduled to hold the call at 09:00:00 ET and can be accessed here.