BCE (NYSE:BCE) Updates FY 2025 Earnings Guidance

BCE (NYSE:BCE - Get Free Report) TSE: BCE updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.840-1.950 for the period, compared to the consensus EPS estimate of 2.740. The company issued revenue guidance of $16.5 billion-$17.2 billion, compared to the consensus revenue estimate of $24.3 billion.

Wall Street Analyst Weigh In

A number of research firms have commented on BCE. Royal Bank of Canada restated a "sector perform" rating and set a $39.00 price objective on shares of BCE in a research note on Tuesday, February 25th. Bank of America lowered BCE from a "neutral" rating to an "underperform" rating in a research note on Tuesday, January 14th. JPMorgan Chase & Co. lowered BCE from a "neutral" rating to an "underweight" rating in a research note on Friday, February 7th. National Bank Financial upgraded BCE from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. Finally, National Bankshares reiterated a "sector perform" rating on shares of BCE in a research note on Tuesday, March 11th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $40.00.

BCE Price Performance

Shares of BCE traded down $0.53 during midday trading on Tuesday, hitting $22.03. The company's stock had a trading volume of 2,229,824 shares, compared to its average volume of 2,898,925. The stock has a market capitalization of $20.31 billion, a price-to-earnings ratio of 183.58, a price-to-earnings-growth ratio of 4.13 and a beta of 0.63. BCE has a one year low of $20.28 and a one year high of $36.17. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 2.26. The company's fifty day simple moving average is $22.44 and its two-hundred day simple moving average is $24.17.

BCE (NYSE:BCE - Get Free Report) TSE: BCE last issued its quarterly earnings data on Thursday, May 8th. The utilities provider reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.04. The business had revenue of $4.12 billion for the quarter, compared to analyst estimates of $5.92 billion. BCE had a return on equity of 17.89% and a net margin of 0.99%. BCE's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS. As a group, equities analysts expect that BCE will post 1.94 earnings per share for the current fiscal year.

About BCE

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.