TELUS (TU) Scheduled to Post Earnings on Friday

TELUS (NYSE:TU - Get Free Report) TSE: T is scheduled to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

TELUS (NYSE:TU - Get Free Report) TSE: T last issued its quarterly earnings results on Friday, August 2nd. The Wireless communications provider reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.09. TELUS had a return on equity of 8.50% and a net margin of 3.87%. The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period last year, the company earned $0.14 EPS. On average, analysts expect TELUS to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TELUS Trading Down 0.8 %

Shares of NYSE:TU traded down $0.12 on Friday, hitting $15.69. 2,094,321 shares of the company's stock were exchanged, compared to its average volume of 2,224,825. The stock has a market capitalization of $23.41 billion, a price-to-earnings ratio of 39.23, a price-to-earnings-growth ratio of 2.44 and a beta of 0.74. TELUS has a 12 month low of $14.63 and a 12 month high of $19.14. The business's 50 day simple moving average is $16.40 and its two-hundred day simple moving average is $16.13. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.66 and a quick ratio of 0.61.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TU. Scotiabank raised shares of TELUS from a "sector perform" rating to a "sector outperform" rating in a research report on Monday. StockNews.com raised shares of TELUS from a "sell" rating to a "hold" rating in a research report on Friday, September 6th. Finally, Canaccord Genuity Group lowered TELUS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 6th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $26.00.

About TELUS

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.