BCE Inc. to Post FY2019 Earnings of $3.48 Per Share, Cormark Forecasts (BCE)

BCE Inc. (TSE:BCE) (NYSE:BCE) – Stock analysts at Cormark issued their FY2019 earnings per share (EPS) estimates for BCE in a note issued to investors on Wednesday. Cormark analyst D. Mcfadgen forecasts that the company will post earnings per share of $3.48 for the year.

A number of other analysts also recently issued reports on the stock. Desjardins increased their price target on shares of BCE from C$65.00 to C$66.00 in a report on Friday, November 3rd. JPMorgan Chase & Co. increased their price target on shares of BCE from C$65.00 to C$68.00 in a report on Monday, November 6th. National Bank Financial increased their price target on shares of BCE from C$61.00 to C$64.00 and gave the stock an “outperform” rating in a report on Thursday, November 2nd. Barclays increased their price target on shares of BCE from C$64.00 to C$65.00 in a report on Friday, November 3rd. Finally, Royal Bank of Canada increased their price target on shares of BCE from C$61.00 to C$62.00 and gave the stock a “sector perform” rating in a report on Friday, November 3rd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. BCE has an average rating of “Buy” and a consensus price target of C$62.25.

Shares of BCE (TSE:BCE) traded down C$0.41 during midday trading on Thursday, reaching C$55.82. 2,423,531 shares of the company were exchanged, compared to its average volume of 1,786,170. BCE has a 12-month low of C$54.44 and a 12-month high of C$63.00. The stock has a market capitalization of $50,180.00, a P/E ratio of 17.28 and a beta of -0.08.

BCE (TSE:BCE) (NYSE:BCE) last announced its quarterly earnings results on Thursday, February 8th. The company reported C$0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.74 by C$0.02. BCE had a net margin of 14.39% and a return on equity of 20.55%. During the same quarter in the prior year, the firm earned $0.62 EPS. WARNING: This story was published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.com-unik.info/2018/02/09/bce-inc-to-post-fy2019-earnings-of-3-48-per-share-cormark-forecasts-bce.html.

BCE Company Profile

BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.

Earnings History and Estimates for BCE (TSE:BCE)

Receive News & Ratings for BCE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit