BCE's Q2 Earnings & Revenues Miss Estimates, Decrease Y/Y

BCE Inc. (BCE) reported second-quarter 2024 adjusted earnings per share (EPS) of C $0.78 (57 cents), down 1.3% year over year. The Zacks Consensus Estimate was pegged at 59 cents.Quarterly total operating revenues fell 1% year over year to C$ 6,005 million ( $4,388.9 million). The consensus estimate was pegged at$ 4,459.7 million. The contraction resulted from an 8.7% decrease in Product revenues, which totaled C $697 million, amid 0.1% growth in Service revenues, which came in at C$ 5,308 million.Segmental Resu ...