Investing.com - BCE Inc reported second quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of C$0.83 on revenue of C$5.7B. Analysts polled by Investing.com anticipated EPS of C$0.7793 on revenue of C$5.72B. .
BCE Inc shares gained 1.25% to trade at C$63.17 in intra-day trade following the report.
For the year, BCE Inc shares are up 16.06%, under-performing the S&P/TSX which is up 17.01% year to date.
BCE Inc follows other major Communication Services sector earnings this month
On Friday, July 30, 2021, TELUS reported second quarter EPS of C$0.26 on revenue of C$4.11B, compared to forecasts of EPS of C$0.2571 on revenue of C$4.05B.
Rogers Communications earnings beat analyst's expectations on Wednesday, July 21, 2021, with second quarter EPS of C$0.76 on revenue of C$3.58B. Investing.com analysts expected EPS of C$0.7581 on revenue of C$3.56B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar