• BCE Inc BCE.TO reported quarterly adjusted earnings of 79 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of eleven analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 67 cents to 80 cents per share.

• Revenue fell 0.8% to C$6.42 billion from a year ago; analysts expected C$6.35 billion.

• BCE Inc's reported EPS for the quarter was 51 cents​.

• The company reported quarterly net income of C$461 million.

• BCE Inc shares had risen by 7.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

• In the last 30 days, four 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," 7 "hold" and 3 "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$38.50

This summary was machine generated from LSEG data February 6 at 02:30 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)