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Bell Canada renews Medium Term Notes (MTN) program
Prnewswire· 2024-05-16 21:36
MONTRÉAL, May 16, 2024 /PRNewswire/ - Bell Canada (Bell) today announced the filing of a prospectus supplement to a short form base shelf prospectus dated May 9, 2024 with the various securities regulatory authorities in all provinces of Canada to renew Bell's MTN program. The MTN program will enable Bell to offer MTN Debentures from time to time until June 9, 2026. The MTN Debentures will be fully and unconditionally guaranteed by BCE Inc. (TSX, NYSE: BCE). Consistent with past practice, the MTN program wa ...
BCE announces election of Directors
Prnewswire· 2024-05-02 16:59
MONTRÉAL, May 2, 2024 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that shareholders voted in favour of all items of business put forth by BCE at the company's Annual Meeting of Shareholders today, including the election of the Directors by a majority of the votes cast by shareholders present or represented by proxy: Nominee Votes For % For Votes Against % Against Mirko Bibic 321,866,540 98.73 % 4,137,464 1.27 % Robert P. Dexter 321,368,463 98.58 % 4,638,077 1.42 % ...
Compared to Estimates, BCE (BCE) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-02 15:31
For the quarter ended March 2024, BCE (BCE) reported revenue of $4.46 billion, down 0.4% over the same period last year. EPS came in at $0.53, compared to $0.63 in the year-ago quarter.The reported revenue represents a surprise of -0.21% over the Zacks Consensus Estimate of $4.47 billion. With the consensus EPS estimate being $0.53, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...
BCE(BCE) - 2024 Q1 - Earnings Call Transcript
2024-05-02 14:55
BCE Inc. (NYSE:BCE) Q1 2024 Earnings Conference Call May 2, 2024 8:00 AM ET Company Participants Thane Fotopoulos - Investor Relations Mirko Bibic - President and CEO Curtis Millen - Chief Financial Officer Conference Call Participants Tim Casey - BMO Capital Markets Maher Yaghi - Scotiabank David Barden - Bank of America Aravinda Galappatthige - Canaccord Genuity Stephanie Price - CIBC World Markets Sebastiano Petti - JPMorgan Drew McReynolds - RBC Capital Markets Simon Flannery - Morgan Stanley Jerome Dub ...
BCE (BCE) Q1 Earnings Meet Estimates
Zacks Investment Research· 2024-05-02 13:16
BCE (BCE) came out with quarterly earnings of $0.53 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this Canada's largest telecommunications company would post earnings of $0.54 per share when it actually produced earnings of $0.56, delivering a surprise of 3.70%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.BCE, whic ...
BCE(BCE) - 2024 Q1 - Earnings Call Presentation
2024-05-02 12:25
Q1 2024 Results Conference Call May 2, 2024 Safe harbour notice Certain statements made in this presentation are forward-looking statements. These forward-looking statements include, but are not limited to, statements relating to BCE’s financial guidance (including revenue, adjusted EBITDA, capital intensity, adjusted EPS and free cash flow), BCE’s 2024 annualized common share dividend, expected cost savings from transformation initiatives, expected revenue decrease in 2024 due to the Best Buy Canada transa ...
Bell Media Launches All-New Portfolio of FAST Channels
Prnewswire· 2024-04-25 14:39
– 10 channels now available on LG Channels and Samsung TV Plus to come -– The free, ad-supported streaming television (FAST) channels feature a wide variety of content in English and French –– New offering provides dynamic advertising opportunities for clients – Key Tags: @BellMediaPR, @TheLede_CA TORONTO, April 25, 2024 /PRNewswire/ - Bell Media announced today the launch of 10 English and French-language FAST channels, featuring a selection of acclaimed and fan-favourite entertainment, factual, news, and ...
BCE: Why I Added This 9% Yield To My Portfolio
Seeking Alpha· 2024-04-22 17:42
BalkansCat There is an old investment axiom to be greedy when others are fearful, and fearful when others are greedy. In the case of BCE Inc. (NYSE:BCE), it appears investors are certainly fearful, as the stock has lost an incredible 28% in the past year when the rest of the markets have been powering higher (Figure 1). Figure 1 - BCE has massively underperformed the market (Seeking Alpha) Are investors right to be fearful about BCE Inc., or does this selloff represent a good opportunity to snap up shar ...
BCE (BCE) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-04-19 23:20
Company Performance - BCE's stock closed at $32.59, reflecting a +1.18% change from the previous day, outperforming the S&P 500's loss of 0.88% [1] - Over the past month, BCE shares have decreased by 5.74%, while the Utilities sector and S&P 500 have lost 7.29% and 2.57%, respectively [1] - The upcoming earnings announcement is scheduled for May 2, 2024, with projected EPS of $0.53, indicating a 15.87% decline year-over-year, and revenue expectations of $4.48 billion, down 0.04% from the previous year [1] Financial Estimates - For the full year, the Zacks Consensus Estimates predict earnings of $2.25 per share and revenue of $18.44 billion, showing changes of -5.46% and +0.85% from the prior year [2] - Recent adjustments in analyst estimates for BCE are crucial as they reflect short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance [2] Valuation Metrics - BCE has a Forward P/E ratio of 14.3, which is higher than the industry average of 13.77, suggesting that BCE is trading at a premium [3] - The company has a PEG ratio of 4.31, compared to the industry average PEG ratio of 2.5, indicating a higher valuation relative to expected earnings growth [3] Industry Context - BCE operates within the Diversified Communication Services industry, which is part of the Utilities sector and currently holds a Zacks Industry Rank of 176, placing it in the bottom 31% of over 250 industries [4] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [4]
3 High-Yield Dividend Stocks to Buy With Payouts Over 8%
InvestorPlace· 2024-04-09 19:02
With the S&P 500 yielding less than 2% on average right now, high dividend stocks are hard to find. Even though interest rates have risen significantly over the past few years, the major equity indices are broadly unappealing for income investors.Fortunately, investors can still find high dividend stocks… even in this market. The following three high-yield dividend stocks have payouts above 8%, making them attractive options in an otherwise low-yield stock market.Altria Group (MO)Source: Kristi Blokhin / Sh ...