BCE Inc. (BCE): Shedding Light on Earning Per Share Reports

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BCE Inc. (NYSE:BCE) changes shares on Wednesday trading session, with a change of -0.49% or -$0.21 shares. The trading starts at $42.92 and closed at $42.71 throughout the day. The trading session low price was $42.364 and day high was $43.06 on Wednesday, August 05. After the session, the Communication Services sector daily volume shifted to 0.9 million while its average volume is 1.15M. In other hand, the BCE market cap reached to $38.63B. While, its current target price is $47.54.

On February 7, 2019, UPDATE 1-Canada’s BCE profit beats on wireless segment growth. According to the news reported on Reuters, Canadian telecom services provider BCE Inc beat analysts’ profit estimates for the fourth quarter on Thursday, as it benefited from growth in its wireless segment, which includes its high-speed internet services.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.88% and up 4.06% for month. Its quarterly performance was 5.83% above, while its half year performance is down -10.34%. BCE yearly performance stood at negative -7.18% and fall -8.31% for year-to-date. Current recommendation for BCE Inc. is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. BCE EPS (TTM) for 12-month is 2.46. EPS for this year is 8.90%, while for the next year its value is 2.56. Sales growth for the current quarter is 7.73 while its EPS Q/Q reached -8.70%. It has an EPS of 2.50% up for past five years and for the next five years will be up 2.24%.

The insider ownership moved to 0.04% and institutional holding shifted to 52.90%.

The company posted an EPS (TTM) of 2.46. According to the most recent quarter report on (Mar 2018), 10 analysts estimated an average EPS of 0.65, while 0.68 EPS posted a year ago period. Analyst Estimated EPS for BCE published in the report was $0.61 – $0.69 during the same period. Comparing with last year, the average estimated EPS was 0.68 which is higher than 0.6 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for BCE fall -3.46% for period of 200 days. SMA for 50 days was 1.16% which is showing green signal, while SMA-20 was 1.97%. The moving average value for BCE Inc. (BCE) is 42.43 and 41.74 for 200 and 50 days respectively.