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BCE Inc T.BCE

Alternate Symbol(s):  BCE | T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C | BCEPF | T.BCE.PR.D | T.BCE.PR.E | BCAEF | T.BCE.PR.F | T.BCE.PR.G | T.BCE.PR.H | BECEF | T.BCE.PR.I | T.BCE.PR.J | T.BCE.PR.K | BCEXF | T.BCE.PR.M | T.BCE.PR.N | T.BCE.PR.Q | T.BCE.PR.R | BCEIF | T.BCE.PR.S | T.BCE.PR.T | T.BCE.PR.Y | BCEFF | T.BCE.PR.Z | T.BCE.PR.L

BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.


TSX:BCE - Post by User

Comment by JoeBravo1on Apr 08, 2024 11:27pm
364 Views
Post# 35978156

RE:RE:Just a hunch

RE:RE:Just a hunchSargeX, I have to agree and disagree with your statement.

The 1Q 2024 will only disappoint if expectations are high, which they shouldn't be.

BCE just announced cost cutting measures on Feb. 08 less than 2 months prior to the 1Q ending.

How can BCE possibly show great earnings when they will be getting hit with one time costs of severances due to the 4800 layoffs announced?  

If the market is expecting great earnings, of course it will be disappointed.  If the market is rational, it will realize that savings will show up in the bottom line next few quarters in a BIG way.

How will the market react?  So far the sellers have been in command, but I believe BCE will be able to cover their dividend with increased FCF by year end, and improve its Payout Ratio by year end and especially in 2025.

But as for expecting stellar 1Q results, it can't happen.  Plain and simple.  It's called math.  

Or as some may relate.....Short Term Pain for Long Term Gain.



SargeX wrote: That's quite an interesitng take. I think BCE will be fine eventually but I actually think the next earnings report is going to disappoint. 

I guess we'll see on May 2nd.

SadieLadyCO wrote: I strongly beleive that the Markets are going to get a big surprize when Ma Bell next financial show and beat the street with earnings. So get in while you can. Because if they beat the street, and I think they will, BCE with sky rocket.




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