BCE Q3 revenue up 1.3%

BCE

06/11/2025 11:46

Overview

BCE Q3 2025 revenue grows 1.3% yr/yr, driven by service and product revenue growth

Adjusted EPS for Q3 2025 rises 5.3%, reflecting improved operational performance

Net earnings increase significantly due to gains on investments and lower impairments

Outlook

BCE expects 2025 revenue growth between 0% to 2%

Company anticipates 2025 adjusted EBITDA growth of 0% to 2%

BCE forecasts lower capital expenditures to drive higher free cash flow

Result Drivers

ZIPLY FIBER ACQUISITION - Acquisition contributed positively to revenue and adjusted EBITDA in Bell CTS U.S. segment

WIRELESS IMPROVEMENTS - Reduced postpaid churn and increased ARPU contributed to wireless segment growth

INTERNET REVENUE GROWTH - High-speed Internet net subscriber activations and Ziply Fiber acquisition drove 11.2% Internet revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$6.05 bln
Q3 Adjusted EPS
$0.79
Q3 Adjusted Net Income
$733 mln
Q3 Net Income
$4.56 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 7 "hold" and 5 "sell" or "strong sell"

The average consensus recommendation for the integrated telecommunications services peer group is "buy."

Wall Street's median 12-month price target for BCE Inc is C$37.00, about 14.6% above its November 5 closing price of C$31.61

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nCNWSCNLKa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)