Investing.com - BCE Inc reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of C$0.76 on revenue of C$6.21B. Analysts polled by Investing.com forecast EPS of C$0.7335 on revenue of C$6.25B. .
BCE Inc shares gained 0.97% to trade at C$67.49 in intra-day trade following the report.
For the year, BCE Inc shares are up 2.55%, outperforming the S&P/TSX which is down 0.11% year to date.
BCE Inc follows other major Communication Services sector earnings this month
On Thursday, January 27, 2022, Rogers Communications reported fourth quarter EPS of C$0.96 on revenue of C$3.92B, compared to forecasts of EPS of C$0.9485 on revenue of C$3.86B.
Shaw Communications earnings beat analyst's expectations on Wednesday, January 12, 2022, with first quarter EPS of C$0.39 on revenue of C$1.39B. Investing.com analysts expected EPS of C$0.37 on revenue of C$1,378M
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