Published on 3 May 2024 on Zacks via Yahoo Finance
BCE's Q1 Earnings Match Estimates, Revenues Decrease Y/Y
BCE Inc. BCE reported first-quarter 2024 adjusted earnings per share (EPS) of C$0.72 (53 cents) compared with C$0.85 in the prior-year quarter. The Zacks Consensus Estimate was pegged at 53 cents.
Quarterly total operating revenues decreased 0.7% year over year to C$6,011 million ($4,458.9 million). The consensus estimate was pegged at $4,468.4 million. This was driven by a 1.6% fall in Product revenues, which totaled C$819 million, and Service revenues declined 0.6% to C$5,192 million.
BCE, Inc. Price, Consensus and EPS Surprise