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BCE Inc. Earnings miss, Revenue Inline In Q2

Published 2020-08-06, 03:18 p/m
Updated 2020-08-06, 03:18 p/m

Investing.com - BCE Inc. reported second quarter earnings that missed analysts' expectations on Thursday and revenue that was inline with forecasts.

The firm reported earnings per share of C$0.63 on revenue of C$5.35B. Analysts polled by Investing.com forecast EPS of C$0.69 on revenue of C$5.35B. .

BCE Inc. shares gained 1.36% to trade at C$57.19 in intra-day trade following the report.

For the year, BCE Inc. shares are down 4.94%, under-performing the S&P/TSX which is down 2.8% year to date.

BCE Inc. follows other major Services sector earnings this month


On Friday, July 31, 2020, TELUS reported second quarter EPS of C$0.25 on revenue of C$3.73B, compared to forecasts of EPS of C$0.26 on revenue of C$3.54B.

Rogers Communications earnings missed analyst's expectations on Wednesday, July 22, 2020, with second quarter EPS of C$0.6 on revenue of C$3.16B. Investing.com analysts expected EPS of C$0.72 on revenue of C$3.18B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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