BCE's Q4 Earnings Beat Estimates, Revenues Increase Y/Y

BCE Inc. (BCE) reported fourth-quarter 2023 adjusted earnings per share (EPS) of C$0.76 (56 cents) compared with C$0.71 in the prior-year quarter. The Zacks Consensus Estimate was pegged at 54 cents.Quarterly total operating revenues increased 0.5% year over year to C$6,473 million ($4,755 million). The consensus estimate was pegged at $4,819.1 million. This was driven by a 3.6% rise in Product revenues, which totaled C$1,125 million, whereas Service revenues declined 0.1% to C$5,348 million.The uptick was ...