BCE Inc’s Earnings Decline in Q2

1 min read | August 07, 2020 11:47 PM EDT | By Team Kalkine Media

Google News:

Recent News

Trekor Metals Plan Brings Taseko’s Expansion Story Forward Again

Are Canadian Value Stocks Entering A Stronger Phase?

TSX Value Stocks Draw Interest Amid Rate Reset Shift

Value Stocks Gain Attention As TSX Quality Screens Strengthen

Make Kalkine Media
My Trusted Source

Telecomm giant BCE’s (TSX:BCE) operating revenue down 9.1% YoY to C$ 5,354 million due to reduced consumer and commercial activity amid COVID-19
Net earnings decline by 64.0% to C$ 294 million, adjusted EBITDA drops 9.4% to C$ 2,331 million
Cash flows increases to C$ 2,562 million, up 22.4% from $2,093 million; Free cash up 49.7% to C$ 1,611 million, from $1,076 million last year
C$ 5.4 billion of liquidity at end of Q2/20
Q3 dividend of C$ 0.8325 declared, up 5% from last year.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.