Analysts Estimate BCE (BCE) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in BCE's earnings and revenues for the quarter ended December 2024, with actual results being crucial for stock price movement [1][3]. Earnings Expectations - BCE is expected to report quarterly earnings of $0.51 per share, reflecting an 8.9$4.49 billion, down 5.6% from the previous year [3]. - The consensus EPS estimate has been revised 1.37% lower in the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that BCE's Most Accurate Estimate is lower than the consensus estimate, resulting in an Earnings ESP of -2.63%, which suggests a challenging outlook for beating earnings expectations [10][11]. - BCE currently holds a Zacks Rank of 5, further complicating the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, BCE was expected to post earnings of $0.57 per share but delivered only$0.55, resulting in a surprise of -3.51% [12]. - Over the past four quarters, BCE has only beaten consensus EPS estimates once [13]. Conclusion - BCE does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].