BCE Sees FY24 Adj. EPS Growth (7%)-(2%); Revenue Growth 0%-4%
Portfolio Pulse from Benzinga Newsdesk
BCE Inc. forecasts its adjusted EPS to grow between a decline of 7% and an increase of 2% for FY24, alongside projecting revenue growth ranging from 0% to 4%.
May 02, 2024 | 11:13 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
BCE Inc. anticipates its adjusted EPS for FY24 to range from a 7% decrease to a 2% increase, with revenue growth expected between 0% and 4%.
The wide range in BCE's EPS growth forecast (from a decrease of 7% to an increase of 2%) suggests uncertainty in its financial performance, which could lead to a neutral short-term impact on its stock price. The revenue growth projection, although positive, is modest and likely already factored into the current stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100