Q: Would like to take a new long term position in either BIP or BEP.
Can you provide earnings and revenue estimates for both?
Do you have a preference?
I see that you hold BEP in your income portfolio.
Thanks
Can you provide earnings and revenue estimates for both?
Do you have a preference?
I see that you hold BEP in your income portfolio.
Thanks
5i Research Answer:
BIP revenue is expected at $11.4B this year, with adjusted earnings at 83c. BEP $4.1B and a loss of 31c is expected. We have BEP in the model for its higher yield, but would be just as happy with BIP. BIP has outperformed a bit, and has a more diverse business base (not just electricity) and we would lean towards it today.