Saturday, August 23, 2025

Bell Canada Reports $5.7 Billion In Revenue, $687 Million In Net Income For Q1 2021

BCE Inc. (TSX: BCE), whom is known more commonly as Bell Canada, reported today its financial results for Q1 2021, reporting $5.7 billion in revenue. This quarter’s revenue is a 1.2% increase from last year’s $5.6 billion.

The reported revenue for the quarter is composed of service revenue at $4.97 billion, which declined by 1.0% from last year, and product revenue of $738 million, which climbed by 18.6% from last year.

The company also posted net earnings of $687 million, which is a 6.3% decline from the previous year’s $733 million. The net earnings for this quarter translate to $0.71 per share, a 5.3% decline from last year’s $0.75 per share. BCE said that the decrease in net earnings is attributed to higher severance, acquisition, and other costs.

BCE’s board of directors has also declared a quarterly dividend of $0.875 per common share, payable on July 15, 2021.

The company also confirmed previously announced financial guidance for the year, wherein the company set 2% – 5% guidance for revenue growth, 1% – 6% guidance for earnings per share growth, and $3.50 annual dividend per share for 2021. The company reported that it is on track for the first quarter.

The company ended Q1 2021 with $6.5 billion of available liquidity and $940 million free cash flow.

You can see the full details of BCE’s Q1 2021 financial results here.

BCE Inc. last traded at $57.69 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Artemis Q2 Earnings: Strong Start For A New Operator

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Bell Acquires Formula 1 Canadian Grand Prix Promoter

Bell, wholly owned by BCE Inc. (TSX: BCE), announced this morning that it has acquired...

Friday, April 30, 2021, 08:00:39 AM

Nationalize The Telco’s For The Sake of Capitalism – Part 1: Rogers

Longtime readers may remember that, in the fall / winter of 2021, after the Rogers...

Sunday, April 23, 2023, 09:00:00 AM

Bell Canada Made $64 Million from Ontario Jail Calls, Lawsuit Reveals

Remember when the Ontario government and Bell Canada (TSE: BCE) refused to say how much...

Monday, August 12, 2024, 02:07:00 PM

Bell Q3 Earnings: Massive Impairments. Guidance Cuts. A Mess.

Well, well, well. What do we have here?  A faltering telecom oligopoly in Trudeau’s Canada?...

Sunday, November 10, 2024, 01:35:00 PM

Should Bell Sell Off MLSE To Tackle Its Debt Problem?

Bell has a debt problem. The company, formally known as BCE Inc (TSX: BCE), has...

Tuesday, April 2, 2024, 08:38:47 PM