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$0.81 on revenue of C$6.1B. Analysts polled by Investing.com anticipated EPS of C$0.7614 on revenue of C$6.12B. .
BCE Inc shares gained 2.10% to trade at C$56.03 in intra-day trade following the report.
For the year, BCE Inc shares are up 13%, outperforming the STOXX 600 which is up 2.63% year to date.
BCE Inc follows other major Services sector earnings this month
On Thursday, January 28, 2021, Rogers Communications reported fourth quarter EPS of C$0.99 on revenue of C$3.68B, compared to forecasts of EPS of C$0.9735 on revenue of C$3.77B.
Metro Inc. earnings missed analyst's expectations on Tuesday, January 26, 2021, with first quarter EPS of C$0.79 on revenue of C$4.28B. Investing.com analysts expected EPS of C$0.83 on revenue of C$4.39B
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