BCE reports third-quarter profit up from year ago, revenue also grows
TORONTO — BCE Inc. reported its third-quarter profit rose compared with a year ago as its revenue also edged higher.
The company says its profit attributable to common shareholders totalled $757 million or 83 cents per share for the quarter ended Sept. 30.
The result compared with a profit of $692 million or 77 cents per share a year ago.
Operating revenue totalled $5.84 billion, up from $5.79 billion in the same quarter last year.
On an adjusted basis, BCE says it earned 82 cents per share, up from an adjusted profit of 79 cents per share a year ago.
The result matched the average analyst estimate compiled by financial markets data firm Refinitiv.
This report by The Canadian Press was first published Nov. 4, 2021.
Companies in this story: (TSX:BCE)
Provided Content: Content provided by Canadian Press. The Globe and Mail was not involved, and material was not reviewed prior to publication.
