Earnings Outlook For BCE
Portfolio Pulse from Benzinga Insights
BCE Inc. (NYSE:BCE) is scheduled to release its quarterly earnings report on February 8, 2024. Analysts predict an EPS of $0.54. The focus will be on whether BCE surpasses this estimate and provides positive future guidance. Historically, BCE's stock price has reacted to earnings performance and guidance. Last quarter, BCE missed the EPS estimate by $0.00, resulting in a 2.1% stock price increase the following day. Over the past year, BCE shares have declined by 12.05%.
February 07, 2024 | 2:01 pm
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BCE Inc. is expected to announce its quarterly earnings with an anticipated EPS of $0.54. Investors are keen on both the earnings outcome and the future guidance provided by the company.
The short-term impact on BCE's stock price will likely hinge on whether it meets or exceeds the EPS estimate and the nature of its future guidance. Historically, the company's stock has shown sensitivity to earnings performance and guidance, with minor fluctuations following the earnings announcements. Given the recent 12.05% decline over the past year, investor sentiment may be cautious, and the reaction to the earnings report could be more pronounced depending on the results and outlook provided.
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