TELUS TU will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate TELUS to report an earnings per share (EPS) of $0.18.
Anticipation surrounds TELUS's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
In the previous earnings release, the company beat EPS by $0.02, leading to a 0.0% drop in the share price the following trading session.
Here's a look at TELUS's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.16 | 0.170 | 0.170 | 0.240 |
EPS Actual | 0.18 | 0.192 | 0.176 | 0.186 |
Price Change % | 2.0% | -2.0% | 3.0% | 3.0% |
Market Performance of TELUS's Stock
Shares of TELUS were trading at $15.11 as of November 06. Over the last 52-week period, shares are down 11.99%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for TELUS visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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