08:36 AM EDT, 05/01/2024 (MT Newswires) -- Brookfield Infrastructure Partners ( BIP/PA ) reported Q1 funds from operations Wednesday of $0.78 per unit, up from $0.72 a year earlier.

Analysts polled by Capital IQ expected $0.78.

Revenue for the quarter ended March 31 was $5.19 billion, up from $4.22 billion a year earlier.

Comparable estimates were not immediately available.

The company said its board maintained a quarterly distribution of $0.405 per unit, payable June 28 to shareholders of record as of May 31.

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