BCE (BCE) Projected to Post Earnings on Thursday

BCE (NYSE:BCE) (TSE:BCE) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect BCE to post earnings of $0.46 per share and revenue of $5.92 billion for the quarter. BCE has set its FY 2025 guidance at 1.890-2.000 EPS.

BCE (NYSE:BCE) (TSE:BCE) last released its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.03. BCE had a return on equity of 17.89% and a net margin of 0.99%. On average, analysts expect BCE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

BCE Price Performance

NYSE:BCE opened at $21.58 on Wednesday. The firm has a market capitalization of $19.89 billion, a price-to-earnings ratio of 179.83, a PEG ratio of 4.13 and a beta of 0.63. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.62 and a quick ratio of 0.60. The business has a 50 day simple moving average of $22.54 and a 200-day simple moving average of $24.54. BCE has a 1 year low of $20.28 and a 1 year high of $36.17.

BCE Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were issued a dividend of $0.6965 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.79 annualized dividend and a yield of 12.91%. BCE’s payout ratio is 2,291.67%.

Wall Street Analyst Weigh In

BCE has been the topic of several research analyst reports. National Bankshares reaffirmed a “sector perform” rating on shares of BCE in a research report on Tuesday, March 11th. Barclays reaffirmed an “underweight” rating on shares of BCE in a research note on Tuesday, January 21st. Royal Bank of Canada reissued a “sector perform” rating and issued a $39.00 price objective on shares of BCE in a research report on Tuesday, February 25th. Bank of America lowered shares of BCE from a “neutral” rating to an “underperform” rating in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. lowered BCE from a “neutral” rating to an “underweight” rating in a report on Friday, February 7th. 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 stock. According to data from MarketBeat.com, BCE has a consensus rating of “Hold” and a consensus price target of $40.00.

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.