BCE (BCE) Scheduled to Post Earnings on Thursday

BCE (NYSE:BCEGet Free Report) (TSE:BCE) is scheduled to release its earnings data before the market opens on Thursday, November 7th. Analysts expect BCE to post earnings of $0.58 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

BCE (NYSE:BCEGet Free Report) (TSE:BCE) last posted its earnings results on Thursday, August 1st. The utilities provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.59 by $0.19. The company had revenue of $4.39 billion during the quarter, compared to analyst estimates of $4.46 billion. BCE had a return on equity of 17.10% and a net margin of 8.39%. During the same period in the prior year, the company earned $0.59 earnings per share. On average, analysts expect BCE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

BCE Trading Down 0.7 %

Shares of NYSE BCE opened at $32.25 on Thursday. The company has a market cap of $29.42 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 5.55 and a beta of 0.58. The stock’s 50 day simple moving average is $34.35 and its 200 day simple moving average is $33.72. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 2.00. BCE has a 12-month low of $31.13 and a 12-month high of $41.77.

Wall Street Analysts Forecast Growth

BCE has been the subject of several analyst reports. National Bank Financial downgraded shares of BCE from a “strong-buy” rating to a “hold” rating in a report on Monday, September 30th. BMO Capital Markets upped their target price on shares of BCE from $48.00 to $51.00 and gave the stock a “market perform” rating in a research report on Thursday, September 19th. Cibc World Mkts raised BCE from a “hold” rating to a “strong-buy” rating in a report on Friday, August 2nd. Finally, Barclays decreased their price objective on BCE from $35.00 to $34.00 and set an “equal weight” rating for the company in a report on Wednesday, October 9th. Six research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $46.33.

Read Our Latest Stock Report on BCE

BCE Company Profile

(Get Free Report)

BCE Inc, a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.

See Also

Earnings History for BCE (NYSE:BCE)

Receive News & Ratings for BCE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE and related companies with MarketBeat.com's FREE daily email newsletter.