Brookfield Infrastructure (BIP)
NYSE:BIP
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.26Last Year’s EPS
-0.03Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive tone driven by solid first-quarter financial performance (10% FFO growth), strong segment results (notably data +46% and midstream +12%), robust liquidity ($2.5B) and meaningful progress on capital recycling (~$1B) and strategic partnerships (equipment leasing, behind-the-meter power). Key near-term risks are timing of earnings ramp from the Intel JV (full run-rate in 2027), transport segment softness from recent asset sales, and the uncertainty inherent in an early-stage corporate structure review. Management remains constructive on 2026, targeting 10%+ per unit FFO growth supported by organic projects and AI-driven demand.Company Guidance
Record Quarterly FFO and Per-Unit Growth
Generated funds from operations (FFO) of $709 million, or $0.90 per unit, representing a 10% year-over-year increase versus prior year.
Data Segment Step Change
Data segment FFO of $149 million, up 46% year-over-year, driven by the U.S. bulk fiber network acquisition and organic growth including commissioning of over 200 megawatts of operating data centers into earnings over the last year.
Midstream Outperformance
Midstream FFO of $190 million, up 12% year-over-year, reflecting attractive commodity pricing, strong asset utilization and robust customer activity.
Utilities Resilience and Rate Base Growth
Utilities FFO of $201 million, up 5% year-over-year, supported by inflation indexation, contribution from a recently acquired South Korean industrial gas business and over $500 million of capital commissioned into rate base.
Strong Liquidity and Balance Sheet Actions
Corporate liquidity of $2.5 billion at quarter-end; refinanced approximately $1.5 billion of non-recourse debt on a net-to-bid basis with no incremental borrowing costs.
Progress on Capital Recycling
Secured approximately $1 billion of capital recycling proceeds to date, including tranche close on a North American data center portfolio partnership, sale of a Brazilian transmission concession, secondary sale of 12% in North American gas storage and agreement to sell the largest independent bulk liquid storage provider in Scandinavia.
Strategic Partnerships and Growth Platforms
Launched an equipment leasing framework with a global investment-grade OEM (BIP's share expected upwards of ~$375 million / ~25% of gross $1–2 billion equity) and advanced a $5 billion behind-the-meter power partnership (additional $430 million CapEx secured; total capital committed under the framework ~ $1.6 billion; BIP equity committed ~ $60 million).
AI and Data Infrastructure Demand
Management highlighted very strong, broadened demand for AI-related data center capacity and compute; near-term scarcity of data center inventory for 2026 and constrained availability in 2027, supporting leasing activity and organic growth opportunities.
Acquisitions and Pipeline
Closed acquisition of a North American railcar leasing platform (effective Jan 1); Clarus (New Zealand gas infrastructure) expected to close in Q2 for approximately $70 million equity share; Midstream backlog and near-term FIDs expected from a meaningful pipeline (~$8 billion at opco level).
BIP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BIP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $35.36 | $34.82 | -1.53% |
Jan 29, 2026 | $34.92 | $35.94 | +2.92% |
Nov 07, 2025 | $33.55 | $34.41 | +2.56% |
Jul 31, 2025 | $29.99 | $30.07 | +0.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Brookfield Infrastructure (BIP) report earnings?
Brookfield Infrastructure (BIP) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Brookfield Infrastructure (BIP) earnings time?
Brookfield Infrastructure (BIP) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BIP EPS forecast?
BIP EPS forecast for the fiscal quarter 2026 (Q2) is 0.26.