Group 1 - Rose's Income Garden Portfolio (RIG) consists of 81 investments, generating dividends from various payers, with July dividends coming from 35 payers, including 24 quarterly, 1 four times a year, 1 biannually, and 9 others [1] - Macro Trading Factory operates as a macro-driven service managed by experienced investment managers, offering two portfolios: "Funds Macro Portfolio" and "Rose's Income Garden," both designed to outperform the SPY on a risk-adjusted basis [1] - The portfolios are suitable for individuals with limited time, knowledge, or desire to manage their own investments, providing a simple and less volatile market exposure [2] Group 2 - The portfolios span across all sectors, offering a hassle-free and easy-to-understand investment solution [2] - Macro Trading Factory aims for an upward trajectory in investment performance [3]

Core Insights - Analysts forecast BCE will report quarterly earnings of $0.52 per share, reflecting a year-over-year decline of 8.8% and revenues of $4.32 billion, a decrease of 1.5% compared to the previous year [1] - There has been a 1.5% upward revision in the consensus EPS estimate over the past 30 days, indicating a reappraisal of initial projections by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Financial Metrics - Estimated 'Mobile Phone Subscribers - Gross Subscriber Activations - Postpaid' is 360,735, down from 389,213 year-over-year [5] - 'Wireline voice - Retail residential NAS lines' is estimated at 1,728,052, compared to 1,924,456 in the same quarter last year [5] - 'Mobile Phone Subscribers - Gross Subscriber Activations - Total' is projected at 532,751, down from 575,334 year-over-year [6] - 'Mobile Phone Subscribers - Net Subscriber Activations - Postpaid' is expected to be 33,740, compared to 78,500 in the same quarter last year [6] - 'Mobile Phone Subscribers - Net Subscriber Activations - Prepaid' is estimated at 28,457, down from 52,543 year-over-year [7] - 'Mobile Phone Subscribers - Subscribers End of Period - Postpaid' is forecasted to reach 9,554,578, compared to 9,440,775 last year [8] - 'Mobile Phone Subscribers - Subscribers End of Period - Total' is expected to be 10,328,670, slightly down from 10,337,500 year-over-year [9] - 'Mobile Phone Subscribers - Blended churn - Prepaid' is projected at 5.2%, up from 4.6% last year [9] - 'Mobile Phone Subscribers - Mobile Connected Device Subscribers - Net Subscriber Activations' is expected to be 83,582, compared to 87,917 last year [10] - 'Mobile Phone Subscribers - Mobile Connected Device Subscribers - Subscribers EOP' is projected at 3,162,996, up from 2,886,871 year-over-year [10] Market Performance - Over the past month, BCE shares have recorded a return of +0.1%, while the Zacks S&P 500 composite has changed by +1% [11] - BCE holds a Zacks Rank 2 (Buy), suggesting it is likely to outperform the overall market in the upcoming period [11]

Core Points - BCE Inc. has completed the acquisition of Ziply Fiber for C$5.0 billion (U.S. $3.65 billion) in cash, along with assuming approximately C$2.6 billion in net debt [2][10] - The acquisition is part of BCE's strategy to expand into the U.S. market, potentially reaching up to 8 million fiber locations, making it the third-largest fiber Internet provider in North America [3][10] - Ziply Fiber will operate as a separate business unit, maintaining its headquarters in Kirkland, Washington, and its existing management team [5][11] Financial Impact - BCE will update its 2025 financial guidance to reflect the acquisition when reporting Q2 2025 results on August 7 [6] - The acquisition financing was supported by the proceeds from the sale of BCE's minority stake in MLSE, completed on July 1, 2025 [4] Strategic Partnership - BCE and PSP Investments have formed a strategic partnership to create Network FiberCo, aimed at developing fiber infrastructure through Ziply Fiber [3][10] - This partnership is expected to enhance Bell's capabilities in the U.S. fiber market and support long-term growth [7][10]

Core Viewpoint - The market anticipates a year-over-year decline in BCE's earnings due to lower revenues, with a focus on how actual results compare to estimates to influence stock price movements [1][2]. Earnings Expectations - BCE is expected to report quarterly earnings of $0.52 per share, reflecting an 8.8% decrease year-over-year, with revenues projected at $4.32 billion, down 1.5% from the previous year [3]. - The consensus EPS estimate has been revised 1.47% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that BCE's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.97%, indicating a likelihood of beating the consensus EPS estimate [12]. - BCE currently holds a Zacks Rank of 2, which further supports the expectation of an earnings beat [12]. Historical Performance - In the last reported quarter, BCE exceeded the expected earnings of $0.44 per share by delivering $0.48, resulting in a surprise of +9.09% [13]. - Over the past four quarters, BCE has beaten consensus EPS estimates two times [14]. Conclusion - While BCE is positioned as a strong candidate for an earnings beat, other factors should also be considered when evaluating the stock ahead of its earnings release [17].

Core Viewpoint - BCE is positioned well to continue its trend of beating earnings estimates, supported by a strong history of performance in the telecommunications industry [1][2]. Group 1: Earnings Performance - BCE has consistently surpassed earnings estimates, achieving an average beat of 10.55% over the last two quarters [2]. - In the most recent quarter, BCE reported earnings of $0.44 per share against an expectation of $0.48, resulting in a surprise of 9.09% [3]. - For the previous quarter, BCE exceeded the consensus estimate of $0.50 per share by reporting $0.56, marking a surprise of 12.00% [3]. Group 2: Earnings Estimates and Predictions - There has been a favorable adjustment in earnings estimates for BCE, with a positive Earnings ESP (Expected Surprise Prediction) indicating potential for another earnings beat [6]. - BCE currently has an Earnings ESP of +3.52%, reflecting increased analyst optimism regarding its near-term earnings potential [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data indicating that nearly 70% of stocks with this combination achieve positive surprises [7][9]. Group 3: Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [8]. - A negative Earnings ESP can diminish predictive power but does not necessarily indicate an earnings miss [10]. - Utilizing the Earnings ESP metric is crucial for identifying stocks with a higher probability of beating consensus estimates prior to earnings releases [11].

Group 1 - The Conservative Income Portfolio focuses on value stocks with high margins of safety and reduces volatility through well-priced options [1] - The Enhanced Equity Income Solutions Portfolio aims to generate yields of 7-9% while minimizing volatility [1] - BCE Inc. has been highlighted multiple times, with a consistent recommendation to buy and hold preferred shares due to their relative attractiveness [1]

Company Overview - BCE Inc. is Canada's largest communications company, providing advanced Bell broadband Internet, wireless, TV, media, and business communications services [3]. Upcoming Conference Call - BCE Inc. will hold its second-quarter 2025 results conference call on August 7, 2025, at 8:00 am eastern, featuring CEO Mirko Bibic and CFO Curtis Millen [1]. - Participants can join the call by dialing toll-free numbers, and a replay will be available until September 7, 2025 [2]. Community Initiatives - Through the "Bell for Better" initiative, the company is investing in social and economic prosperity, including the Bell Let's Talk initiative that promotes mental health awareness and anti-stigma campaigns across Canada [4].

Group 1 - The article emphasizes the importance of a disciplined investment process and the need to adapt to evolving market conditions [1] - The founder of Sungarden Investment Publishing highlights the significance of listening to market signals to identify investment opportunities [1] - The focus of the new investing group, Sungarden Investors Club, is on navigating the modern investment climate with a non-traditional approach to income investing [1] Group 2 - The author has extensive experience in investment advising and fund management, having charted investments since the 1980s [1] - The article does not disclose any current stock or derivative positions in the companies mentioned, nor does it plan to initiate any within the next 72 hours [2] - The article expresses the author's personal opinions and is not influenced by any business relationships with the companies discussed [2]

Core Insights - Bell Media has adopted LiveRamp's Authenticated Traffic Solution (ATS) to enhance identity and addressability in the Canadian media ecosystem [1][2] - The implementation of ATS on Connected TV will allow Bell Media to deliver tailored ads across its premium content, improving programmatic TV buying with privacy-first signals [2][6] - LiveRamp's ATS utilizes RampID, enabling advertisers to connect their first-party data to publishers' authenticated inventory in a privacy-forward manner [3][5] Company Overview - Bell Media is Canada's leading media and entertainment company, with a diverse portfolio including CTV, Crave, and various specialty channels [9][10] - The company provides advanced technology and analytics support through the Bell Marketing Platform, which includes tools for audience management and advertising solutions [10] - Environics Analytics (EA) is a premier marketing and analytical services company in Canada, specializing in data collaboration and analytics [12]

Group 1 - The Conservative Income Portfolio targets high-value stocks with significant margins of safety and aims to reduce volatility through well-priced options [1][3] - The Enhanced Equity Income Solutions Portfolio is designed to generate yields of 7-9% while minimizing volatility [1] - Trapping Value, with over 40 years of combined experience, focuses on generating options income and capital preservation through its Conservative Income Portfolio and Preferred Stock Trader [3] Group 2 - BCE Inc. has a larger position in preferred shares, specifically BCE Inc. PFD 1ST CL AF, indicating a strategic focus on income-generating investments [2] - The Covered Calls Portfolio aims to provide lower volatility income investing with an emphasis on capital preservation [2] - The fixed income portfolio is centered on acquiring securities with high income potential and significant undervaluation compared to peers [2]