BCE (NYSE:BCE) reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

BCE beat estimated earnings by 8.06%, reporting an EPS of $0.67 versus an estimate of $0.62.

Revenue was down $17.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.04% drop in the share price the next day.

Here's a look at BCE's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

BCE management provided guidance for FY 2022, expecting earnings between $2.5 and $2.62 per share.

To track all earnings releases for BCE visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.