BCE Expects FY24 Revenue Growth of 0%-4% Vs $18.62B Est, Adj EPS Growth of (7%)-(2%) Vs $2.37 Est
Portfolio Pulse from Benzinga Newsdesk
BCE Inc. projects its FY24 revenue to grow between 0% and 4%, compared to an estimated $18.62 billion, and anticipates its adjusted EPS to range from a decrease of 7% to a decrease of 2%, against an estimated $2.37.
February 08, 2024 | 12:06 pm
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BCE Inc. expects FY24 revenue growth of 0%-4% compared to $18.62B estimates and adjusted EPS to decrease by 7%-2% against $2.37 estimates.
The projected revenue growth indicates a positive outlook, potentially leading to a neutral to slightly positive impact on BCE's stock price in the short term. However, the expected decrease in adjusted EPS suggests caution, possibly offsetting some of the positive sentiment from revenue growth. The mixed forecast results in a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100