Core Viewpoint - BCE reported quarterly earnings of 0.50 per share, with a year-over-year comparison showing no change in earnings [1] - The company posted revenues of 4.76 billion a year ago [2] Group 1: Earnings Performance - BCE's earnings surprise was 12%, while the previous quarter saw a negative surprise of -3.51% [1][2] - Over the last four quarters, BCE has only surpassed consensus EPS estimates once [2] Group 2: Revenue Insights - The company has topped consensus revenue estimates just once in the last four quarters [2] - Current consensus EPS estimate for the upcoming quarter is 4.2 billion, and for the current fiscal year, it is 17.13 billion [7] Group 3: Stock Performance and Outlook - BCE shares have increased by approximately 7.4% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] - The current estimate revisions trend for BCE is unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Group 4: Industry Context - The Diversified Communication Services industry, to which BCE belongs, is currently in the bottom 11% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact BCE's stock performance [5]
BCE (BCE) Q4 Earnings and Revenues Surpass Estimates