Insights into TELUS's Upcoming Earnings

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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%

eps graph

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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