Bce Earnings: Your Sneak Peek to the Big Announcement

Bce (NYSE:BCE) will report earnings before markets open on Thursday, May 9th. BCE Inc., provides a full range of communication services to residential and business customers in Canada. The Company’s services includes local, long distance and wireless phone services, high speed and wireless Internet access, IP-broadband services, value-added business solutions and direct-to-home satellite and VDSL television services.

Here is your Cheat Sheet to Bce Earnings:

Earnings Expectations: Analysts expect earnings of $0.71 per share on revenues of $4.97 billion. Currently, the company’s P/E ratio stands at 13.57.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.91 to a profit $0.84. For the current year, the average estimate is a profit of $3.01, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Bce has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 14,570 16,820 18,070 19,110 20,080
Diluted EPS ($) 0.8332 2.001 2.741 2.823 3.408

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 5,063 4,927 4,764 5,080 5,188
Diluted EPS ($) 0.6237 0.7427 0.9677 0.7546 0.9185

Past Performance:
Bce has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)