BCE (BCE) reported Q1 adjusted earnings Thursday of 0.69 Canadian dollars ($0.50) per share, down from CA$0.72 a year earlier.
Analysts polled by FactSet expected CA$0.62.
Operating revenue for the quarter ended March 31 was CA$5.93 billion, compared with CA$6.01 billion a year earlier.
Analysts polled by FactSet expected CA$5.92 billion.
The company reiterated its 2025 outlook of about an 8% to 13% decline in adjusted EPS and a 1% increase to a 3% decline in revenue. Analysts polled by FactSet expect CA$2.74 in adjusted EPS and CA$24.26 billion in revenue.