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.
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 $3.01, which is worse than the estimate ninety days ago.
Here’s how Bce has been performing on an annual basis:
|Revenue ($) 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|
Bce has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)