• BCE Inc BCE.TO reported quarterly adjusted earnings of 75 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 81 cents. The mean expectation of eleven analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 75 cents to 80 cents per share.

• Revenue fell 1.8% to $5.97 billion from a year ago; analysts expected C$6.03 billion.

• BCE Inc's reported EPS for the quarter was a loss of $1.36​.

• The company reported a quarterly loss of $1.24 billion.

• BCE Inc shares had fallen by 17.4% this quarter and lost 27.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the integrated telecommunications services peer group is also "hold"

Wall Street's median 12-month price target for BCE Inc is C$46.40

This summary was machine generated from LSEG data November 7 at 02:32 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)