Q: Your thoughts please on the quarter?
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5i Research Answer:
EPS of 69c beat estimates of 62c; revenue of $6.4B missed estimates by 1.7%. EBITDA of $2.66B matched estimates. BCE said revenue should increase 1% to 5% this year, and the company should see some benefit from AI-related services. But, the forecast was below expectations. Wireless added 56,000 subs, down 1%. Churn has improved somewhat, though. Not a perfect quarter, certainly, but the company continues with its strategic initiatives announced in October. The stock is up 7% YTD even with today's small decline.