Post by
JoeBravo1 on Mar 01, 2024 9:06am
Cost Cutting to Add Approx. $1.50 to $2.00 per Share...
Taking into consideration 920 Million outstanding shares, if cost cutting saves BCE $150 to $200 million this year and $250 million in future years, they should be adding approx. $150 to $2.00 per share to their bottom line.
Next few quarters will tell the tale. It's unfortunate regarding layoffs, but other big companies have done this and they are doing quite well for shareholders today.