BCE Reports 2024 Earnings: EPS Falls Short of Projections

March 9, 2025 - 18:16

BCE has released its financial results for the full year of 2024, revealing a mixed performance across key metrics. The company reported total revenue of CA$24.4 billion, which represents a slight decline of 1.1% compared to the previous fiscal year. This dip in revenue has raised concerns among investors and analysts alike, as it indicates potential challenges in maintaining growth in a competitive market.

The net income for the year also showed a downturn, contributing to the disappointment surrounding the company's earnings per share (EPS), which fell short of expectations. The EPS figures have drawn scrutiny as stakeholders look for signs of resilience in BCE's overall business strategy.

Despite these challenges, BCE remains committed to its long-term growth objectives, focusing on enhancing customer experiences and expanding its service offerings. As the company navigates through these financial hurdles, it will be crucial for BCE to address the underlying issues impacting its revenue and profitability.