financetom
Business
financetom
/
Business
/
BCE Q3 Adjusted Earnings, Revenue Fall; Lowers 2024 Revenue Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BCE Q3 Adjusted Earnings, Revenue Fall; Lowers 2024 Revenue Guidance
Nov 9, 2024 12:05 PM

07:45 AM EST, 11/07/2024 (MT Newswires) -- BCE (BCE) reported Q3 adjusted earnings Thursday of $0.75 per diluted share, down from $0.81 a year earlier.

Analysts polled by Capital IQ expected $0.57.

Revenue for the quarter ended Sept. 30 was $5.97 billion, down from $6.08 billion a year earlier.

Analysts polled by Capital IQ expected $4.43 billion.

The company said it continues to expect full year 2024 adjusted EPS to be down by 7% to 2%. Meanwhile, revenue is now expected to decline around 1.5%, compared with a previous outlook of zero to 4% growth.

Analysts polled by Capital IQ are looking for $2.19 adjusted EPS on revenue of $18.02 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Taco Bell, Pizza Hut, KFC Begin Removing Fresh Onions as Precautionary Measure Amid E. Coli Outbreak
Update: Taco Bell, Pizza Hut, KFC Begin Removing Fresh Onions as Precautionary Measure Amid E. Coli Outbreak
Nov 3, 2024
03:57 PM EDT, 10/24/2024 (MT Newswires) -- (Updates to reflect Yum! confirmed the news to MT Newswires) Yum! Brands' ( YUM ) Taco Bell, Pizza Hut and KFC ( YUM ) have begun removing fresh onions at some of their locations as a precautionary measure following an E. coli outbreak linked to McDonald's (MCD) restaurants, the company confirmed to MT...
--AGCO Keeps Quarterly Dividend at $0.29 a Share, Payable Dec. 16 to Shareholders of Record Nov. 15
--AGCO Keeps Quarterly Dividend at $0.29 a Share, Payable Dec. 16 to Shareholders of Record Nov. 15
Nov 3, 2024
03:56 PM EDT, 10/24/2024 (MT Newswires) -- Price: 100.11, Change: +0.51, Percent Change: +0.51 ...
Sector Update: Consumer
Sector Update: Consumer
Nov 3, 2024
03:30 PM EDT, 10/24/2024 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) jumping 3.2%. In corporate news, Yum! Brands ( YUM ) shares declined 0.7% after the company's Taco Bell, Pizza Hut and KFC ( YUM ) divisions...
Tesla's 2025 Paid Ride-Hailing Plans in Texas, California Could Disrupt Market, RBC Says
Tesla's 2025 Paid Ride-Hailing Plans in Texas, California Could Disrupt Market, RBC Says
Nov 3, 2024
03:45 PM EDT, 10/24/2024 (MT Newswires) -- Tesla's (TSLA) plan to begin offering paid autonomous rides in Texas and California by 2025, pending regulatory approval, could pose a near-term risk to the broader ride-hailing industry, RBC Capital Markets said in a Thursday note. This could create a new overhang for Uber Technologies ( UBER ) and Lyft ( LYFT )...
Copyright 2023-2026 - www.financetom.com All Rights Reserved