TELUS (TU) Expected to Announce Earnings on Friday

TELUS (NYSE:TU - Get Free Report) TSE: T will likely be posting its quarterly earnings results before the market opens on Friday, February 14th. Analysts expect TELUS to post earnings of $0.15 per share and revenue of $3.66 billion for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

TELUS (NYSE:TU - Get Free Report) TSE: T last announced its quarterly earnings data on Friday, November 8th. The Wireless communications provider reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.11. The company had revenue of $5.10 billion for the quarter, compared to analysts' expectations of $3.69 billion. TELUS had a return on equity of 8.80% and a net margin of 4.56%. TELUS's revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the firm posted $0.19 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 Up 0.5 %

Shares of NYSE TU traded up $0.07 during trading hours on Monday, hitting $14.48. The company's stock had a trading volume of 2,625,408 shares, compared to its average volume of 3,836,596. The stock has a market cap of $21.71 billion, a price-to-earnings ratio of 30.80, a P/E/G ratio of 4.85 and a beta of 0.75. TELUS has a 12 month low of $13.24 and a 12 month high of $18.16. The business has a 50-day simple moving average of $14.30 and a 200-day simple moving average of $15.48. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.63 and a current ratio of 0.69.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TU. National Bank Financial cut shares of TELUS from an "outperform" rating to a "sector perform" rating in a research note on Friday, December 13th. Morgan Stanley started coverage on shares of TELUS in a research note on Monday, December 16th. They issued an "equal weight" rating on the stock. Scotiabank raised TELUS from a "sector perform" rating to a "sector outperform" rating in a report on Monday, October 28th. Finally, StockNews.com raised TELUS from a "sell" rating to a "hold" rating in a report on Monday. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price 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.