TELUS TU is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.
Analysts are estimating that TELUS will report an earnings per share (EPS) of $0.18.
The market awaits TELUS's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings History Snapshot
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% |
TELUS Share Price Analysis
Shares of TELUS were trading at $15.11 as of November 06. Over the last 52-week period, shares are down 12.01%. Given that these returns are generally negative, long-term shareholders are likely unhappy 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
