Telus Corp reports results for the quarter ended December 31 - Earnings Summary

Telus

13/02/2025 14:31

* Telus Corp  T.TO  reported quarterly adjusted earnings of
25
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 24
cents.  The mean expectation of fourteen analysts for the
quarter was for earnings of 22 cents per share. Wall Street
expected results to range from 18 cents to 26 cents per share.
    * Revenue rose 3.5% to C$5.38 billion from a year ago;
analysts
expected C$5.23 billion. 
    * Telus Corp's reported EPS for the quarter was 24 cents​.
    * The company reported quarterly net income of C$358
million.
    * Telus Corp shares had risen by 7.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the integrated
telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Telus Corp is
C$22.75 
This summary was machine generated from LSEG data February 13 at
02:30 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. (For questions concerning the data in this
report, contact Estimates.Support@lseg.com. For any other
questions or feedback, contact
RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.22           0.25           Beat
 Sep. 30 2024      0.24           0.28           Beat
 Jun. 30 2024      0.22           0.25           Beat
 Mar. 31 2024      0.23           0.26           Beat