TELUS International (CDA) Inc TIXT.TO reported quarterly adjusted earnings of 6 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of six analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 5 cents to 8 cents per share.
Revenue rose 7.2% to $699.00 million from a year ago; analysts expected $662.98 million.
TELUS International (CDA) Inc's reported EPS for the quarter was a loss of 98 cents.
The company reported a quarterly loss of $272 million.
TELUS International (CDA) Inc shares had risen by 5.7% this quarter and lost 7.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."
This summary was machine generated from LSEG data August 1 at 01:30 p.m. UTC. All figures in US 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)