BCE Q2 EPS $0.79 Beats $0.61 Estimate, Sales $6.07B Beat $4.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
BCE (NYSE:BCE) reported Q2 earnings of $0.79 per share, beating the analyst consensus estimate of $0.61 by 29.51%. This is a 16.18% increase from the same period last year. The company also reported quarterly sales of $6.07 billion, beating the analyst consensus estimate of $4.53 billion by 33.91%. This is a 3.50% increase from the same period last year.
August 04, 2023 | 12:55 pm
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POSITIVE IMPACT
BCE's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
BCE's earnings and sales for Q2 have exceeded analyst estimates, which is typically a positive signal for investors. This strong financial performance could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100