BCE (BCE) reported $4.59 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 3.5%. EPS of $0.56 for the same period compares to $0.56 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.47 billion, representing a surprise of +2.71%. The company delivered an EPS surprise of +12.00%, with the consensus EPS estimate being $0.50.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how BCE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Mobile Phone Subscribers - Gross Subscriber Activations - Postpaid: 510,850 versus 561,638 estimated by three analysts on average.
- Wireline voice - Retail residential NAS lines: 1,834,191 versus the three-analyst average estimate of 1,832,802.
- Mobile Phone Subscribers - Gross Subscriber Activations - Total: 680,471 compared to the 730,597 average estimate based on three analysts.
- Mobile Phone Subscribers - Net Subscriber Activations - Postpaid: 56,550 versus the three-analyst average estimate of 65,707.
- Mobile Phone Subscribers - Net Subscriber Activations - Prepaid: -5,480 versus the three-analyst average estimate of -1,583.
- Mobile Phone Subscribers - Net Subscriber Activations - Total: 51,070 compared to the 64,124 average estimate based on three analysts.
- Mobile Phone Subscribers - Subscribers End of Period - Postpaid: 9,530,436 compared to the 9,539,593 average estimate based on three analysts.
- Mobile Phone Subscribers - Subscribers End of Period - Prepaid: 758,138 compared to the 886,251 average estimate based on three analysts.
- Mobile Phone Subscribers - Subscribers End of Period - Total: 10,288,570 versus the three-analyst average estimate of 10,425,840.
- Mobile Phone Subscribers - Blended churn: 2% versus 1.9% estimated by three analysts on average.
- Mobile Phone Subscribers - Blended churn - Postpaid: 1.7% versus 1.5% estimated by three analysts on average.
- Mobile Phone Subscribers - Blended churn - Prepaid: 6.2% compared to the 5.7% average estimate based on three analysts.
Shares of BCE have returned +5.4% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>BCE, Inc. (BCE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
