BCE (BCE) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - BCE reported quarterly earnings of $0.57 per share, exceeding the Zacks Consensus Estimate of $0.52 per share, and showing an increase from $0.55 per share a year ago, resulting in an earnings surprise of +9.62% [1] - The company generated revenues of $4.39 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.96%, and slightly up from $4.38 billion year-over-year [2] Earnings Performance - Over the last four quarters, BCE has surpassed consensus EPS estimates three times, indicating a positive trend in earnings performance [2] - The current consensus EPS estimate for the upcoming quarter is $0.48, with projected revenues of $4.67 billion, while the estimate for the current fiscal year is $1.96 on revenues of $17.69 billion [7] Market Position and Outlook - BCE shares have underperformed the market, losing about 3.4% since the beginning of the year, compared to the S&P 500's gain of 15.6% [3] - The Zacks Rank for BCE is currently 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions prior to the earnings release [6] Industry Context - The Diversified Communication Services industry, to which BCE belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, suggesting a challenging environment for stocks in this sector [8] - Another competitor in the same industry, Telus, is expected to report quarterly earnings of $0.19 per share, reflecting a year-over-year decline of -9.5%, with revenues anticipated to be $3.72 billion, down 0.5% from the previous year [9][10]