BCE Q2 Profit Slides - Quick Facts

(RTTNews) - BCE Inc. (BCE, BCE.TO), Canada's largest communications company, said its second-quarter 2013 earnings attributable to common shareholders dropped to C$571 million, or C$0.74 per share, from C$732 million, or C$0.94 per share last year.

Quarterly adjusted net earnings of BCE totaled C$594 million, or C$0.77 per share. On average, 15 analysts polled by Thomson Reuters expected earnings per share of C$0.76 for the quarter. Analysts' estimates typically exclude one-time items.

BCE's operating revenues reached C$5.0 billion, up 1.5% from the previous year's C$4.93 billion. Ten analysts estimated revenues of C$4.97 billion for the quarter.

Looking forward, BCE still expects adjusted earnings to be in the range of C$2.97 to C$3.03 per share for 2013, while 12 analysts project earnings of C$3.03 per share.