BCE (BCE) Expected to Announce Earnings on Thursday

Key Points

• BCE is set to announce its Q2 2025 earnings on August 7th, with expectations of $0.51 earnings per share and $5.91 billion in revenue.
• The company recently reported a 0.5% decline in stock price, with shares opening at $23.55 and a market cap of approximately $21.96 billion.
• BCE has a high dividend payout ratio of 488.46% following its recent dividend payment of $0.4375 per share, yielding 5.65%.

BCE (NYSE:BCE - Get Free Report) TSE: BCE is projected to announce its Q2 2025 earnings results before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $5.91 billion for the quarter. BCE has set its FY 2025 guidance at 1.840-1.950 EPS.

BCE (NYSE:BCE - Get Free Report) TSE: BCE last announced its earnings results on Thursday, May 8th. The utilities provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.04. BCE had a net margin of 1.82% and a return on equity of 19.22%. The company had revenue of $4.12 billion for the quarter, compared to the consensus estimate of $5.92 billion. During the same period in the previous year, the business earned $0.75 EPS. The company's revenue was down 1.3% on a year-over-year basis. On average, analysts expect BCE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

BCE Stock Down 0.8%

NYSE:BCE traded down $0.19 during trading hours on Thursday, hitting $23.34. 2,445,440 shares of the stock traded hands, compared to its average volume of 2,812,114. The firm has a 50 day moving average price of $22.74 and a 200 day moving average price of $22.78. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 2.40. BCE has a fifty-two week low of $20.28 and a fifty-two week high of $36.17. The firm has a market cap of $21.77 billion, a price-to-earnings ratio of 89.77, a PEG ratio of 3.87 and a beta of 0.61.

BCE Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, June 17th were paid a dividend of $0.4375 per share. This represents a yield of 565.0%. The ex-dividend date of this dividend was Monday, June 16th. BCE's payout ratio is 488.46%.

Institutional Investors Weigh In On BCE

An institutional investor recently raised its position in BCE stock. Geneos Wealth Management Inc. increased its holdings in BCE, Inc. (NYSE:BCE - Free Report) TSE: BCE by 64.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,096 shares of the utilities provider's stock after purchasing an additional 1,217 shares during the period. Geneos Wealth Management Inc.'s holdings in BCE were worth $71,000 at the end of the most recent reporting period. 41.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on BCE shares. Scotiabank raised shares of BCE from a "sector perform" rating to a "sector outperform" rating in a research note on Monday, June 2nd. Cibc World Mkts downgraded shares of BCE from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 3rd. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $35.00 price target on shares of BCE in a research note on Wednesday, May 14th. Finally, National Bank Financial raised shares of BCE from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, BCE has an average rating of "Hold" and an average target price of $38.67.

BCE Company Profile

BCE Inc, a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.