BCE (BCE) Projected to Post Earnings on Thursday

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

BCE Trading Up 0.9 %

Shares of BCE stock opened at $21.58 on Wednesday. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 2.26. The company has a fifty day simple moving average of $22.54 and a 200-day simple moving average of $24.54. The stock has a market cap of $19.89 billion, a price-to-earnings ratio of 179.83, a PEG ratio of 4.13 and a beta of 0.63. BCE has a 12-month low of $20.28 and a 12-month 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 paid a dividend of $0.6965 per share. The ex-dividend date was Friday, March 14th. This represents a $2.79 dividend on an annualized basis and a yield of 12.91%. BCE’s dividend payout ratio is presently 2,291.67%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $39.00 target price on shares of BCE in a report on Tuesday, February 25th. Barclays reaffirmed an “underweight” rating on shares of BCE in a research report on Tuesday, January 21st. JPMorgan Chase & Co. cut BCE from a “neutral” rating to an “underweight” rating in a research note on Friday, February 7th. National Bankshares reiterated a “sector perform” rating on shares of BCE in a research report on Tuesday, March 11th. Finally, National Bank Financial raised shares of BCE from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 3rd. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, BCE presently has a consensus rating of “Hold” and a consensus target price of $40.00.

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.