BCE (BCE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.65
- Estimate
- $0.70
- Surprise
- -6.7%
- Score at report (before → after)
- 5.7 → 5.5/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
BCE (BCE) missed the $0.70 estimate with adjusted EPS of $0.65 — a clear 6.7% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Hold at 5.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BCE Hold at 5.6/10.
3 of the last 4 quarters beat the estimate; this quarter's -6.7% surprise compares with a +5.9% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Strong earnings beat streak (3/4)
- Earnings estimates trending UP
What argues against it
- Earnings expected to decline ~62% (cyclical peak)
- Sector modifier (Communication Services): -0.8
- Leverage penalty (D/E 1.7): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $19.75
- Price target
- $22.67
- Stop
- $18.93
- Upside to target
- +14.8%
- Reward-to-risk
- 3.0:1
Forward estimates sit below the trailing run-rate (10.6× forward vs 4.0× trailing) — consensus expects earnings to decline from here.
Risk check: RSI 7 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.
BCE at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Telecom Services
- Market cap
- $18.42B
- P/E (fwd)
- 10.6
- P/E (ttm)
- 4.0
- 52-week range
- $19.52–$26.52
- Off 52-week high
- 25.5%
- RSI (14)
- 7
- Volume vs avg
- 1.05×
- Score today
- 5.6/10