BCE, Inc. (BCE) Misses Q1 EPS by 2c
BCE, Inc. (NYSE: BCE) reported Q1 EPS of Cdn$0.80, Cdn$0.02 worse than the analyst estimate of Cdn$0.82. Revenue for the quarter came in at Cdn$5.59 million versus the consensus estimate of Cdn$5.61 million.
As a result of the adoption of IFRS 15, BCE has updated its adjusted EPS dollar guidance range upwards. All other financial guidance targets for 2018 remain unchanged.
February 8Guidance | May 3 Guidance | |
Revenue growth | 2% – 4% | 2% – 4% |
Adjusted EBITDA growth | 2% – 4% | 2% – 4% |
Capital intensity | approx. 17% | approx. 17% |
Adjusted EPS | $3.42 – $3.52 | $3.45 – $3.55 |
Adjusted EPS growth | 1% - 4% | 1% - 4% |
Free cash flow growth | 3% – 7% | 3% – 7% |
Annualized common dividend per share | $3.02 | $3.02 |
Dividend payout policy(3) | 65% – 75% of free cash flow | 65% – 75% of free cash flow |
For earnings history and earnings-related data on BCE, Inc. (BCE) click here.