BCE (BCE Quick QuoteBCE - Free Report) reported $4.39 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 2.8%. EPS of $0.57 for the same period compares to $0.59 a year ago.

The reported revenue represents a surprise of -1.59% over the Zacks Consensus Estimate of $4.46 billion. With the consensus EPS estimate being $0.59, the EPS surprise was -3.39%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how BCE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Retail TV Subscribers - Internet Protocol Television (IPTV) (Activation)

  : -1,313 versus the three-analyst average estimate of 10,105.

• Retail TV Subscribers - Internet Protocol Television (IPTV) (EOP)

  : 2,124,200 compared to the 2,094,621 average estimate based on three analysts.

• Mobile Phone Subscribers - Blended churn - Postpaid

  : 1.2% versus the three-analyst average estimate of 1.2%.

• Mobile Phone Subscribers - Blended churn - Prepaid

  : 4.6% versus 5.3% estimated by three analysts on average.

• Mobile Phone Subscribers - Gross Subscriber Activations - Total

  : 575,334 compared to the 572,766 average estimate based on three analysts.

• Mobile Phone Subscribers - Gross Subscriber Activations - Postpaid

  : 389,213 versus the three-analyst average estimate of 417,239.

• Mobile Phone Subscribers - Gross Subscriber Activations - Prepaid

  : 186,121 compared to the 155,527 average estimate based on three analysts.

• Mobile Phone Subscribers - Net Subscriber Activations - Total

  : 131,043 versus the three-analyst average estimate of 107,670.

• Mobile Phone Subscribers - Net Subscriber Activations - Postpaid

  : 78,500 versus the three-analyst average estimate of 101,201.

• Mobile Phone Subscribers - Net Subscriber Activations - Prepaid

  : 52,543 versus 6,469 estimated by three analysts on average.

• Mobile Phone Subscribers - Subscribers End of Period - Total

  : 10,337,500 versus the three-analyst average estimate of 10,314,120.

• Mobile Phone Subscribers - Subscribers End of Period - Postpaid

  : 9,440,775 versus 9,463,476 estimated by three analysts on average.

View all Key Company Metrics for BCE here>>>

Shares of BCE have returned +7.2% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.