TELUS (NYSE:TU) (TSE:T) is scheduled to be announcing its earnings results before the market opens on Thursday, February 8th. Analysts expect the company to announce earnings of $0.44 per share for the quarter.
TELUS (NYSE:TU) (TSE:T) last released its earnings results on Thursday, November 9th. The Wireless communications provider reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.01). The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.66 billion. TELUS had a net margin of 9.61% and a return on equity of 18.72%. On average, analysts expect TELUS to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of TELUS (TU) opened at $37.67 on Thursday. The company has a market capitalization of $22,260.00, a P/E ratio of 21.90, a price-to-earnings-growth ratio of 2.07 and a beta of 0.94. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.55 and a quick ratio of 0.48. TELUS has a 12 month low of $31.28 and a 12 month high of $38.50.
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Monday, December 11th were paid a $0.505 dividend. This is a boost from TELUS’s previous quarterly dividend of $0.39. The ex-dividend date was Friday, December 8th. This represents a $2.02 annualized dividend and a yield of 5.36%. TELUS’s payout ratio is presently 92.44%.
Several equities research analysts have commented on TU shares. Bank of America started coverage on TELUS in a research note on Tuesday, November 21st. They issued a “neutral” rating and a $39.00 target price on the stock. Zacks Investment Research cut TELUS from a “hold” rating to a “sell” rating in a research note on Saturday, January 20th. Royal Bank of Canada upgraded TELUS from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $47.00 to $51.00 in a research note on Friday, November 10th. Morgan Stanley boosted their target price on TELUS from $48.00 to $51.00 and gave the company an “equal weight” rating in a research note on Friday, November 17th. Finally, Barclays boosted their target price on TELUS from $41.00 to $42.00 and gave the company an “overweight” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $45.14.
TRADEMARK VIOLATION NOTICE: This article was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another site, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/01/telus-tu-to-release-quarterly-earnings-on-thursday.html.
TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.
Receive News & Ratings for TELUS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS and related companies with MarketBeat.com's FREE daily email newsletter.