BCE Inc. (BCE: Quote) reported second quarter adjusted earnings of C$1.02 per share up from C$0.86 per share in the year-ago quarter. The consensus estimate was for C$0.81 per share. The company also increased its full year adjusted earnings forecast to between C$3.15 and C$3.20 per share from its prior forecast of C$3.13 to C$3.18 per share. The consensus estimate is for earnings of C$3.16 per share.
BCE gapped open higher Wednesday and has continued to gain ground in early trade. The stock is now up 1.62 at $44.95 and has set its second consecutive new high for the year.
Click here to receive FREE breaking news email alerts for BCE Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News