BCE, Inc. (NYSE:BCE) is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 18,153.00 million ~ $ 18,512.00 million, where as bottomline are predicted in a range of $ 2.63 ~ $ 2.70 per share
Click Here For More Historical Outlooks Of BCE, Inc.
Previous Quarter Performance
BCE, Inc. outlined income for the second quarter of $ 0.45 per share, from the revenue of $ 3,862.00 million. The quarterly earnings down 36.62 percent while revenues down 14.31 percent compared with the same quarter last year.
Wall street analysts are predicting, BCE to report 2Q20 income of $ 0.65 per share from revenue of $ 4430.00 million. The bottom line results missed street analysts by $ 0.2 or 30.77 percent, at the same time, top line results fell short of analysts by $ 568 million or 12.82 percent.
Stock Performance
Shares of BCE, Inc. traded up $ 0.46 or 1.13 percent on Wednesday, reaching $ 41.28 with volume of 948.20 thousand shares. BCE, Inc. has traded high as $ 41.71 and has cracked $ 40.70 on the downward trend
The closing price of $ 41.28, representing a 28.93 % increase from the 52 week low of $ 31.66 and a 17.13 % decrease over the 52 week high of $ 49.26.
The company has a market capital of $ 37.15 billion and is part of the Communication Services sector and Telecom Services industry.
Recent Stock Dividend Announcement
On August 6, 2020, the board of directors authorized quarterly dividend of $ 0.8325 per share to holders of record as of the close of business on September 15, 2020, with payment date of October 15, 2020 and ex-dividend date on September 14, 2020.
Conference Call
BCE, Inc. will be hosting a conference call at 8:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bce.ca
BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. It operates in three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communications products and services, including 40 live and on-demand channels on smartphones and tablets; roaming services; push-to-talk, field service management, worker safety, and mobility management solutions; and asset management, smart buildings, smart cities, fleet management, and other Internet of Things services.
