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Bce Inc (BCE)
:BCE
Holding BCE?
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.5Last Year’s EPS
0.53Same Quarter Last Year
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: -18.35%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in EBITDA margin and free cash flow, as well as digital revenue growth and strategic acquisitions. However, these positives were overshadowed by declines in total revenue, wireless ARPU, and subscriber growth, along with significant non-cash asset impairments and revised revenue guidance. The sentiment reflects a challenging competitive environment and strategic repositioning.Company Guidance
During the BCE Q3 2024 earnings call, the company provided comprehensive guidance on various financial and operational metrics. BCE achieved a 2.1% growth in consolidated EBITDA and a 1.7-point increase in margin to 45.6%, marking its best quarterly margin performance in over 30 years. The quarter also saw a 10.3% rise in free cash flow, aligning with the company's annual plan. BCE faced challenges in wireless with 102,196 new net mobile phone subscribers, a decline from the previous year, and a 3.4% drop in ARPU, attributed to competitive pricing pressures. The residential wireline segment saw a 15% increase in multiproduct penetration, with Internet revenue growth improving to around 5%. Additionally, Bell Media's digital revenues rose by 19%, offsetting declines in traditional media, with digital now comprising 42% of total media revenues. BCE revised its 2024 revenue guidance to reflect these dynamics, anticipating a 1.5% decline due to product revenue challenges and wireless pricing pressures, while maintaining its other financial targets for the year.Record EBITDA Margin Performance
BCE reported a consolidated EBITDA growth of 2.1% and a 1.7 point margin increase to 45.6%, marking the best quarterly margin performance in over 30 years.
Strong Free Cash Flow
Free cash flow increased by 10.3% in Q3, aligning with the company's plan and contributing to the long-term growth strategy.
Growth in Digital Revenues
Digital revenues increased by 19% year-over-year, now comprising 42% of total media revenues, driven by products such as Crave with ads and connected TV.
Acquisition of Ziply Fiber
The acquisition of Ziply Fiber in the U.S. Pacific Northwest is expected to be cash flow-accretive, enhancing BCE's financial growth profile and supporting long-term objectives.
Increase in Prepaid Net Adds
Prepaid net adds were up significantly, reaching 69,085, the best quarterly result since Q3 2019, reflecting the strategy to target the flanker and newcomer market.
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BCE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BCE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $27.95 | $27.30 | -2.33% |
| Aug 01, 2024 | $32.12 | $32.31 | +0.59% |
| May 02, 2024 | $31.00 | $30.75 | -0.81% |
| Feb 08, 2024 | $35.96 | $34.64 | -3.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bce Inc (BCE) report earnings?
Bce Inc (BCE) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Bce Inc (BCE) earnings time?
Bce Inc (BCE) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BCE EPS forecast?
BCE EPS forecast for the fiscal quarter 2024 (Q4) is 0.5.
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