BCE (NYSE:BCE) Releases FY 2025 Earnings Guidance

BCE (NYSE:BCE) (TSE:BCE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.890-2.000 for the period, compared to the consensus estimate of 2.070. The company issued revenue guidance of $16.9 billion-$17.3 billion, compared to the consensus revenue estimate of $17.4 billion.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BCE shares. Morgan Stanley began coverage on BCE in a research report on Monday, December 16th. They set an “underweight” rating for the company. Canaccord Genuity Group lowered shares of BCE from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. Bank of America downgraded shares of BCE from a “neutral” rating to an “underperform” rating in a research report on Tuesday, January 14th. Canaccord Genuity Group reaffirmed a “hold” rating on shares of BCE in a report on Tuesday, November 5th. Finally, Barclays reissued an “underweight” rating on shares of BCE in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $45.00.

BCE Stock Up 2.5 %

BCE stock opened at $25.00 on Thursday. The firm has a market capitalization of $22.81 billion, a price-to-earnings ratio of 357.14, a P/E/G ratio of 3.94 and a beta of 0.57. The firm has a 50 day simple moving average of $24.18 and a 200 day simple moving average of $29.86. BCE has a 1-year low of $21.87 and a 1-year high of $39.73. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 2.26.

BCE (NYSE:BCE) (TSE:BCE) last released its quarterly earnings data on Thursday, February 6th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. BCE had a return on equity of 17.58% and a net margin of 0.76%. On average, analysts predict that BCE will post 2.1 earnings per share for the current 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.