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5.2% decline in BCE profits



(Montreal) BCE suffered in the third quarter of the current fiscal year a decline of 5.2% of its net income, which fell in one year from 813 million to 771 million dollars.

Net earnings per common share (EPS) fell from $0.83 to $0.78, a decline of 6%.

In contrast, the Montreal-based telecommunications giant’s adjusted net profit rose 7.1% over the same period, from 748 million to 801 million.

BCE’s operating revenue meanwhile rose 3.2% from the third quarter of 2021 to $6.024 billion.

In addition, BCE’s Board of Directors has declared a quarterly dividend of $0.92 per common share, payable on January 15.

Company named in this dispatch: BCE (TSX: BCE)

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