Bell Aliant posts higher net profit, stable adjusted earnings in fourth quarter

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HALIFAX - Bell Aliant Inc. (TSX:BA) had $69 million of net income, or 30 cents per in its fourth quarter — up $3 million from a year earlier. Adjusted earnings amounted to 38 cents per share, unchanged from a year earlier but three cents above analyst estimates. The BCE subsidiary, which operates phone, Internet and TV services in eastern Canada, also forecast its 2014 adjusted earnings will be in a range of $1.45 to $1.75 per share — compared with $1.63 per share in 2013.

Organizations: Bell Aliant, TSX, The BCE

Geographic location: Eastern Canada

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Recent comments

  • Squirrel
    February 04, 2014 - 08:44

    I wonder how well they would do if they didn't have a monopoly like they have in rural PEI. Oh, how about those long distance charges, they love to charge ( gouge ) here on the Island. Totally disgusting !!!!!