Wednesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]
BCE, Inc. (BCE)
Last bce, inc. earnings: 2/6 07:00 am
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US:NYSE Investor Relations:
bce.ca/investors/investoroverview
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Source: Globe and Mail, The
RBC Dominion Securities analyst Drew McReynolds expects elevated competitive intensity across the Canadian telecommunication sector through the “seasonally-slower” first quarter to lead to “a very ho-hum” earnings period for the group.” In a research report released Wednesday, he warned it was “not exactly a rip roaring start to the year.” “While decent wireless and Internet market expansion continued through Q1/24, undoubtedly both wireless and Internet competitive intensity was elevated on a year-over-year basis, which we expect to translate to incremental wireless ARPU [average revenue per use] pressure (particularly for BCE and TELUS) and underwhelming wireline results for the cablecos. In the absence of stabilization in competitive intensity, we expect 2024 guidance to come under increased scrutiny as the year progresses raising the question of whether there are any true winners in this environment,” said Mr. McReynolds. “Company-wise, we expect: (i) Rogers to again lead on
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BCE
News
- Rogers partners with Amazon to stream NHL games on Prime Video [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Bell Media Launches All-New Portfolio of FAST ChannelsPR Newswire
- Bell Media Launches All-New Portfolio of FAST Channels [Yahoo! Finance]Yahoo! Finance
- Bell Media Launches All-New Portfolio of FAST ChannelsPR Web
- BCE Inc. (NYSE: BCE) was upgraded by analysts at CIBC from a "neutral" rating to a "sector outperform" rating.MarketBeat
BCE
Earnings
- 2/8/24 - Beat
BCE
Sec Filings
- 3/26/24 - Form 6-K
- 3/13/24 - Form 6-K
- 3/8/24 - Form 6-K
- BCE's page on the SEC website