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Stock impact report

BCE posts higher earnings in fourth quarter but sees drop this year [Globe and Mail, The (Toronto, Canada)]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
BCE Inc. posted higher net earnings in the fourth quarter, but added fewer wireless subscribers than expected and forecast a drop in earnings per share for 2025. The company said it expects 2025 revenue in the range of a 1-per-cent increase to a 3-per-cent decline. It forecast a decline in adjusted earnings per share of between 8 and 13 per cent. “The wide range is designed to accommodate for macroeconomic pressures and competitive pressures that we've seen on pricing over the last 18 to 24 months,” said chief executive office Mirko Bibic in an interview Thursday morning. The company cited continuing competitive wireless and broadband pressure, lower subscriber loading, higher media costs, increased interest expense and a higher number of common shares outstanding due to the implementation of a discounted dividend reinvestment plan. This was offset by lower planned capital expenditures resulting from a slowdown in its fibre build and certain efficiencies which it said would d Show less Read more
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