Brookfield Infrastructure's (BIP) Q1 Earnings Miss Estimates

Brookfield Infrastructure Partners L.P. BIPposted first-quarter 2018 earnings of 42 cents per unit, missing the Zacks Consensus Estimate of 86 cents by 51.2%. The company incurred a loss of 3 cents in the year-ago quarter.

Revenues

Brookfield Infrastructure reported revenues of $1,013 million, which beat the Zacks Consensus Estimate of $946 million by 7%.

Revenues surged 54.4% year over year from $656 million.