Brookfield Infrastructure: FFO of $717 million, third straight quarter of 10% growth
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. FFO: $717 million, or $0.91 per unit; third consecutive quarter of 10% FFO per unit growth. Organic Growth: At the high end of target range, driven by inflationary price increases, strong asset utilization, and ~$1.4 billion of capital…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishDouble-digit quarterly FFO per unit growth is relevant for the stock but not for the broader market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01FFO of $717 million, or $0.91 per unit.
- 02Utilities FFO reached $200 million, up 5% year over year.
- 03Data segment FFO reached $172 million, up 25%, driven by the Intel foundry partnership.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets