BCE Inc. The Zacks Consensus Estimate was pegged at 50 cents. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Quarterly total operating revenues dipped 0.
The decline is attributed to a 1. In response to the weak revenue performance, BCE stock tanked 5. It also went down 1. Shares of the company have plunged Image Source: Zacks Investment Research. Product revenues inched up 0. This was partly offset by lower consumer electronics revenues due to store closures and conversions to Best Buy Express under its Best Buy Canada partnership.
BCE, Inc. Postpaid mobile phone net subscriber activations were 56,, down The decline was due to 9. Higher postpaid churn in the prior-year quarter led to fewer net adds due to stronger competition and promotions. Prepaid customer base fell by 5, in the fourth quarter, improving from a 36, loss in the prior-year quarter. Bell Media revenues grew 1. The uptick was due to an increase of 0. BCE expects revenues and adjusted EBITDA to be adversely impacted by pricing pressure, lower subscriber growth, reduced wireless sales and higher media costs.
In the past year, shares of PTC have declined 4. However, the bottom line contracted 3. The company incurred a loss of 75 cents per share in the prior-year quarter. To read this article on Zacks. Zacks Investment Research.
