BCE's 60 Cent Adjusted EPS Meets Estimates (BCE)

Montreal, Canada-based BCE, Inc. BCE released financial results on Thursday morning that were in-line with Wall Street estimates. BCE, Inc announced that its 4th quarter net earnings applicable to common shares rose to $439 million, or 58 cents per share, up from $350 million, or 46 cents per share, a year earlier. Excluding special items, the company reported earnings of 60 cents per share. BCE, Inc reported revenue of $4.68 billion, up 0.7% from $4.65 billion a year earlier. According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 60 cents per share, on revenue of $4.64 billion. BCE, Inc. (BCE) finished the previous trading day at $36.79 per share. The consensus price target of analysts covering the company's stock is $34.39 per share. BCE, Inc is Canada's largest communications company, providing the most comprehensive and innovative suite of communication services to residential and business customers in Canada. Read more from Benzinga's Company news.